文献类型：期刊文献

英文题名：The Impacts of Social Capital on Private Enterprise Investment: An Empirical Study in East China Coastal Cities

作者：Ji, Hao[1];Zhang, Rong[1]

第一作者：季皓

通讯作者：Ji, H[1]

机构：[1]Beijing Union Univ, Bussiness Coll, Beijing 100025, 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 Union Univ, Bussiness Coll, Beijing 100025, Peoples R China.|[1141721]北京联合大学商务学院;[11417]北京联合大学;

年份：2019

卷号：94

期号：sp1

起止页码：930-934

外文期刊名：JOURNAL OF COASTAL RESEARCH

收录：;Scopus(收录号：2-s2.0-85072274209);WOS:【SSCI(收录号:WOS:000485711600183)，SCI-EXPANDED(收录号:WOS:000485711600183)】；

基金：This research was funded by Talented Personnel Strengthening School Plan of Beijing United University (BPHR2019CS03), China.; This research was supported by the the Social Science Program of Beijing Education Commission (SM201711417003), China.; This research was supported by the Humanities and Social Sciences research program of Ministry of Education (17YJC630133), China.

语种：英文

外文关键词：Investment scale; social capital; political connection; business association

摘要：Using the data of private listed companies in east China coastal cities from 2009 to 2014, this paper empirically tested the impact of social capital on investment of private enterprises in east coastal areas within the context of economic transformation. The results show that political connections, financial relations, and commercial association relations have significant impacts on private enterprise investment in east China coastal cities. However, with the increasingly fair competition market environment and the anti-corruption activities, it finds that the influence of hierarchical social capital (such as political relations) on private enterprise investment in east China coastal cities is gradually decreasing, while market based social capital (such as business association relations) still maintains a significant positive impact on private enterprise investment in east China coastal cities.