Research Review on the Influence of Financing Constraints on Enterprises' Investment Efficiency
- 10.2991/essaeme-16.2016.6How to use a DOI?
- Financing constraints, Literature review, Investment efficiency.
Investment activity is the most important financial activity of an enterprise, the investment efficiency of an enterprise even affects its survival, enterprise's financing capability brings dynamic source for its investment. However, because of the existence of agency problems and information asymmetry, enterprises often meet different degrees of financing constraints, which will affect enterprises' investment behaviors, this paper summarizes the relationship between financing constraints and enterprises' investment efficiency through combing related documents on financing constraints and investment efficiency.
- © 2016, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Yu Bai PY - 2016/08 DA - 2016/08 TI - Research Review on the Influence of Financing Constraints on Enterprises' Investment Efficiency BT - Proceedings of the 2016 International Conference on Economics, Social Science, Arts, Education and Management Engineering PB - Atlantis Press SP - 37 EP - 40 SN - 2352-5398 UR - https://doi.org/10.2991/essaeme-16.2016.6 DO - 10.2991/essaeme-16.2016.6 ID - Bai2016/08 ER -