企业投融资匹配指数的构建及经济后果分析
发布时间:2019-01-24 18:44
【摘要】:从投融资数量、期限、专用性、风险和收益成本五个方面选择相应的评价指标,并采取熵权法确定各评价指标权重,构建了投融资匹配指数评价模型。进一步以机械、设备、仪表制造业为例,阐明了该指数的计量过程,并检验了投融资匹配的经济后果。研究结果表明,投融资匹配程度对企业价值存在正向促进作用,上市公司加强投融资配置可以看做企业价值增加的信号之一。
[Abstract]:This paper selects the corresponding evaluation index from five aspects of investment and financing quantity, term, specificity, risk and benefit cost, and adopts entropy weight method to determine the weight of each evaluation index, and constructs the evaluation model of investment and financing matching index. Taking the manufacturing industry of machinery, equipment and instrument as an example, the measurement process of the index is expounded, and the economic consequences of the matching of investment and financing are tested. The results show that the matching degree of investment and financing has a positive effect on the enterprise value, and the strengthening of investment and financing allocation of listed companies can be regarded as one of the signals of the increase of enterprise value.
【作者单位】: 大连理工大学工商管理学院;大连理工大学经济学院;
【基金】:国家自然科学基金资助项目(71172136) 教育部人文社会科学研究资助项目(10YJC630401) 中央高校基本科研业务费专项资助项目(DUT13RW433)
【分类号】:F275;F224
本文编号:2414723
[Abstract]:This paper selects the corresponding evaluation index from five aspects of investment and financing quantity, term, specificity, risk and benefit cost, and adopts entropy weight method to determine the weight of each evaluation index, and constructs the evaluation model of investment and financing matching index. Taking the manufacturing industry of machinery, equipment and instrument as an example, the measurement process of the index is expounded, and the economic consequences of the matching of investment and financing are tested. The results show that the matching degree of investment and financing has a positive effect on the enterprise value, and the strengthening of investment and financing allocation of listed companies can be regarded as one of the signals of the increase of enterprise value.
【作者单位】: 大连理工大学工商管理学院;大连理工大学经济学院;
【基金】:国家自然科学基金资助项目(71172136) 教育部人文社会科学研究资助项目(10YJC630401) 中央高校基本科研业务费专项资助项目(DUT13RW433)
【分类号】:F275;F224
【相似文献】
相关重要报纸文章 前4条
1 本报记者 李圆 方烨;“环房匹配指数”揭示五城市房价趋势[N];经济参考报;2006年
2 刘宇;“蓝皮书”与“接地气”[N];中华工商时报;2006年
3 本报记者 李圆 方烨;社科院首次推出“环房匹配指数”[N];经济参考报;2006年
4 刘克军;“全国房价将长期上涨”的忧思[N];厦门日报;2006年
,本文编号:2414723
本文链接:https://www.wllwen.com/jingjilunwen/jingjiguanlilunwen/2414723.html