文献类型：期刊文献

英文题名：The Impact of Financial Assets Investment on Enterprise Performance-Evidence From Listed Manufacturing Firms in Coastal Region of China

作者：Suo, Lingling[1];Yang, Kezhi[2];Ji, Hao[1]

第一作者：索玲玲

通讯作者：Yang, KZ[1]

机构：[1]Beijing Union Univ, Business Coll, Beijing 100025, Peoples R China;[2]Beijing Technol & Business Univ, Business Coll, Beijing 100048, Peoples R China

第一机构：北京联合大学商务学院

通讯机构：[1]corresponding author), Beijing Technol & Business Univ, Business Coll, Beijing 100048, Peoples R China.

年份：2020

卷号：107

期号：sp1

起止页码：398-402

外文期刊名：JOURNAL OF COASTAL RESEARCH

收录：;Scopus(收录号：2-s2.0-85090342088);WOS:【SSCI(收录号:WOS:000562129100089)，SCI-EXPANDED(收录号:WOS:000562129100089)】；

基金：This research was funded by the Humanities and Social Sciences research program of China Ministry of Education (Project No.17YJC630133):"Research on Influencing Factors and Economic Consequences of Financial Assets Investment in Manufacturing Enterprises".; This research was supported by the Talented Personnel Strengthening School Plan of Beijing Union University (BPHR2019CS03), China.

语种：英文

外文关键词：Substantial economy; innovation; financial assets investment

摘要：Using the data of A-share listed companies in Chinese coastal areas from 2008 to 2018, this paper compares the differences of financial asset investment level between coastal areas and inland areas, and empirically analyses the impact of financial asset investment on business performance. The research finds that: (1) the regional attributes of enterprises will affect the level of financial asset investment. In the coastal areas with relatively developed economy, there may be more financial assets investment due to less financing constraints. (2) The investment of financial assets may affect the performance of enterprises.