Proceedings of the 2024 3rd International Conference on Public Service, Economic Management and Sustainable Development (PESD 2024)

The Impact of External Financing on the Growth of New Energy Automobile Enterprises

Authors
Tengyu Jia1, *
1Xi’an Jiaotong-Liverpool University, Suzhou, Jiangsu, 215000, China
*Corresponding author. Email: Tengyu.Jia22@student.xjtlu.edu.cn
Corresponding Author
Tengyu Jia
Available Online 19 December 2024.
DOI
10.2991/978-94-6463-598-0_30How to use a DOI?
Keywords
External financing; New energy vehicles; Enterprise growth; R&D input
Abstract

With the rapid development of China’s new energy vehicle industry in recent years, external financing can provide financial support for the growth of new energy vehicle companies, which is crucial for technological innovation and production scale expansion. Based on the data of China’s new energy vehicle listed companies, this paper uses the panel regression model to study the impact of external financing on corporate growth. The results show that external financing can significantly improve the growth ability of enterprises, and at the same time, external financing also has a significant positive impact on corporate R&D investment.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Download article (PDF)

Volume Title
Proceedings of the 2024 3rd International Conference on Public Service, Economic Management and Sustainable Development (PESD 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
19 December 2024
ISBN
978-94-6463-598-0
ISSN
2352-5428
DOI
10.2991/978-94-6463-598-0_30How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Tengyu Jia
PY  - 2024
DA  - 2024/12/19
TI  - The Impact of External Financing on the Growth of New Energy Automobile Enterprises
BT  - Proceedings of the 2024 3rd International Conference on Public Service, Economic Management and Sustainable Development (PESD 2024)
PB  - Atlantis Press
SP  - 296
EP  - 303
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-598-0_30
DO  - 10.2991/978-94-6463-598-0_30
ID  - Jia2024
ER  -