非效率投资

企业非效率投资行为影响因素的前沿研究综述

A Review on Factors of Influencing Inefficient Investment Behaviors of Firms

提出了非效率投资治理的研究框架。

The article presents a framework of studying inefficient investment governance .

为了弥补托宾Q模型的不足，本文还采用了欧拉方程进行稳健性检验，即采用两个不同的投资模型来计算企业的非效率投资水平。

To compensate the shortage of Tobin Q Model , Euler Equation is used to conduct robustness examination . That is two different investment models are adapted to calculate companies ' non-efficient investment level .

鉴于新考核举措实施不久，还鲜有学者对其实施效果及潜在行为引导作用进行实证检验，本文正是以此为契机，实证检验EVA对非效率投资的抑制与改善作用。

In view of the implementation of the new assessment initiative shortly , but few scholars empirical test results of its implementation of its results after the implementation of behavior-oriented research and even fewer , this is as an opportunity for non-empirical efficiency EVA investment suppression and improvement .

公司治理、自由现金流与非效率投资

Corporate Governance , Free Cash Flow and Ineffective Investment in China

股权市场结构、最优负债和非效率投资行为

Market Structure of Ownership and Optimal Debt and Inefficient Investment Behavior

机构投资者对非效率投资的影响研究

Research on the Correlation of Institutional Investors and Non-efficiency of Investment

我国民族地区上市公司非效率投资研究

Research on Non-Efficiency Investment of Listed Companies in Ethnic Areas of China

基于控制权私有收益的企业非效率投资行为研究

Study on Inefficiency Investment in Corporate Based on Private Benefits of Control

构建了非效率投资的计量模型。

A model is developed to measure enterprise inefficient investment .

国有上市公司非效率投资的实证研究

Empirical Study of Non-efficiency Investment of Chinese State-owned Listed Companies

终极控制人、负责融资与企业非效率投资

Ultimate Controlling Shareholders , debt Financing and the Firms ' Inefficient Investment

提出了非效率投资市场检验模型。

This paper presents an examining model of inefficient investment by the market .

股权制度安排、信息不对称与企业非效率投资行为

Equity System , Asymmetric Information and Inefficient Investment Behavior

在我国企业的非效率投资行为中，国有企业的非效率投资现象尤为严重。

The investment inefficiency of SOEs is especially serious .

债务结构与非效率投资行为的相关性研究是财务理论研究的重要课题之一。

A central issue in finance is whether debt structure affects inefficient investment behavior .

宏观经济的投资过热与企业的非效率投资是密不可分的。

It is inseparable between overheating investment of Macro-economy and non-efficiency investment of companies .

提出了缓解企业非效率投资行为的相关对策。

Finally , this paper proposes some solutions to relieve enterprise inefficient investment behavior .

在两类非效率投资中，较多的研究证明，投资不足的比例大。

Many researches proved that there are more under-investment than over-investment in the listed companies .

非效率投资；公司业绩；影响因素；

Non-Efficient Investment Corporate Performance Influencing Factors ;

于是本文从中选取了些董事会特征对于非效率投资影响的文献进行分析。

The article analyzes the literature of relationship between board characteristics and inefficiency of investment .

创业投资企业的控制权配置与非效率投资行为

Research on Inefficient Investment Behavior and Allocation of Control Rights in Venture Capital Backed Companies

结果发现，终极控股股东会导致上市公司非效率投资。

We found that ultimate controlling shareholder will lead to inefficient investment of listed companies .

近年来，非效率投资一直是学术界关注的热点问题。

In these years , non-efficiency investment has always been the central problem concerned by academia .

使用规模修正后的非效率投资变量Iinefficiency作为解释变量，验证了非效率投资对公司价值的影响。

Use inefficiency of investment variables as explanatory variables ; verify the impact on firm value .

实证结果发现，中小上市公司也存在非效率投资。

The empirical results show that there is also existed inefficient investment in the SME listed companies .

企业非效率投资的普遍存在，极大的损害了企业价值，而委托代理理论和信息不对称是引起非效率投资的主要动因。

The non-efficiency investment of enterprises widespread in china , Which do great harm to the enterprise value .

企业自身要完善公司治理，降低代理成本，从而减少非效率投资。引导中小上市公司投资行为走向科学化、合理化、健康化，充分发挥投资对微观企业成长以及宏观经济发展的积极促进作用。

The SMEs should improve their corporate governance to reduce agency costs , thereby restricting inefficient investment behavior .

所以认为由于相关信息披露的透明度不够使得资本市场对上市公司非效率投资行为可能缺乏有效的认知能力。

So the lack of information disclosure of listed companies , inefficiency of investment behavior may not be identified .

然而，现实世界中，企业的投资行为却不尽人意，非效率投资频现报端。

However , companies ' investment behaviors are unsatisfactory in the real world , and inefficient investment is frequently reported .