Analysis on the Financing Structure of Chinese Transnational Enterprises——Under the Constraints of Policy System Environment

DOI

10.2991/ssmi-19.2019.51How to use a DOI?

Keywords

State-owned enterprises, transnational investment behavior, Policy system environment.

Abstract

The reform of economic system, especially the optimization of policy and institutional environment accompanied by the reform of state-owned enterprises, has promoted the development of state-owned multinational enterprises. The preliminary formation of diversified financing pattern in which multiple financing modes coexist proves that the changes of the transnational investment behavior characteristics of state-owned multinational enterprises are accompanied by the changes of financing environment and characteristics. Based on the analysis of the institutional background and development process of transnational investment of state-owned multinational enterprises, this paper classifies and analyses the characteristics of transnational investment status quo. It shows that the attributes of state-owned enterprises have an important impact on transnational investment behavior. Policy and institutional environment are the main factors affecting the transnational investment behavior of state-owned enterprises.

Copyright

© 2019, 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  - Yang Liu
AU  - Jing Cheng
PY  - 2019/12
DA  - 2019/12
TI  - Analysis on the Financing Structure of Chinese Transnational Enterprises——Under the Constraints of Policy System Environment
BT  - Proceedings of the 2nd International Symposium on Social Science and Management Innovation (SSMI 2019)
PB  - Atlantis Press
SP  - 160
EP  - 167
SN  - 2352-5398
UR  - https://doi.org/10.2991/ssmi-19.2019.51
DO  - 10.2991/ssmi-19.2019.51
ID  - Liu2019/12
ER  -