Research on financial efficiency loss from the perspective of externality of efficiency loss of state-owned enterprises

DOI

10.2991/ichssr-18.2018.140How to use a DOI?

Keywords

Efficiency loss of state-owned enterprises, Externality, Financial efficiency, Non-performing loan ratio.

Abstract

In order to explore the cumbrance effect of state-owned enterprises (SOE) on regional financial efficiency (FINC) and expand the research field of efficiency loss of SOE, this paper bases on the externality of efficiency loss, considering that the soft budget constraint caused by the policy burden of SOE would lead to the reduction of their own benefits and the financial crowding out effect on regional non-state-owned enterprises, and then reduces the efficiency of regional financial institutions. Using 31 provinces (municipalities and autonomous regions) panel data from 2006 to 2015, applying fixed effects-random effects model to verify the impact of the proportion of SOE on FINC, the results of which show that the higher the proportion of SOE is, the higher non-performing loan rate (NPLR) in the region will be. Finally, according to the above analysis, this paper puts forward corresponding policy suggestions

Copyright

© 2018, 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  - Xiaohe Zhou
AU  - Mingda Cheng
PY  - 2018/05
DA  - 2018/05
TI  - Research on financial efficiency loss from the perspective of externality of efficiency loss of state-owned enterprises
BT  - Proceedings of the 2018 4th International Conference on Humanities and Social Science Research (ICHSSR 2018)
PB  - Atlantis Press
SP  - 736
EP  - 739
SN  - 2352-5398
UR  - https://doi.org/10.2991/ichssr-18.2018.140
DO  - 10.2991/ichssr-18.2018.140
ID  - Zhou2018/05
ER  -