Research on the Influence of the Fall of Corruption Officials on the Investment Efficiency of Enterprises
Yifeng Wang, Hanyu Shi
Available Online 6 April 2020.
- https://doi.org/10.2991/aebmr.k.200402.039How to use a DOI?
- the fall of corruption officials, financing constraints, investment efficiency
- This paper mainly investigates the impact of the fall of corrupt officials on the financing constraints and investment efficiency of enterprises. It is found that the fall of corrupt officials improves the internal and external environment faced by enterprises, and the improvement of external environment relieves the financing constraints of enterprises, but does not distinguish the investment opportunities they face. It mainly relieves the financing constraints of enterprises facing poor investment opportunities, and then reduces their investment The improvement of capital efficiency and internal environment enables enterprises to devote more energy to production and operation activities and improve their competitiveness, which is mainly reflected in enterprises facing better investment opportunities, thus increasing their investment efficiency.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - CONF AU - Yifeng Wang AU - Hanyu Shi PY - 2020 DA - 2020/04/06 TI - Research on the Influence of the Fall of Corruption Officials on the Investment Efficiency of Enterprises BT - Proceedings of the 3rd International Conference on Advances in Management Science and Engineering (IC-AMSE 2020) PB - Atlantis Press SP - 216 EP - 221 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.200402.039 DO - https://doi.org/10.2991/aebmr.k.200402.039 ID - Wang2020 ER -