Research on the Influence of the Fall of Corruption Officials on the Investment Efficiency of Enterprises

DOI

10.2991/aebmr.k.200402.039How to use a DOI?

Keywords

the fall of corruption officials, financing constraints, investment efficiency

Abstract

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.

Copyright

© 2020, 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/).

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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  - 10.2991/aebmr.k.200402.039
ID  - Wang2020
ER  -