Research Review on the Influence of Financing Constraints on Enterprises' Investment Efficiency

被引：0
作者：
Bai, Yu [1 ]
机构：
[1] Xijing Univ, Xian 710123, Shaanxi, Peoples R China
来源：
PROCEEDINGS OF THE 2016 INTERNATIONAL CONFERENCE ON ECONOMICS, SOCIAL SCIENCE, ARTS, EDUCATION AND MANAGEMENT ENGINEERING (ESSAEME) | 2016年 / 71卷
关键词：
Financing constraints; Literature review; Investment efficiency;
D O I：
暂无
中图分类号：
C [社会科学总论];
学科分类号：
03 ; 0303 ;
摘要：
Investment activity is the most important financial activity of an enterprise, the investment efficiency of an enterprise even affects its survival, enterprise's financing capability brings dynamic source for its investment. However, because of the existence of agency problems and information asymmetry, enterprises often meet different degrees of financing constraints, which will affect enterprises' investment behaviors, this paper summarizes the relationship between financing constraints and enterprises' investment efficiency through combing related documents on financing constraints and investment efficiency.
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页码：37 / 40
页数：4
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