| 上市公司现金持有水平对投资行为影响研究 |
| |
| 引用本文： | 孟双武.上市公司现金持有水平对投资行为影响研究[J].财经理论与实践,2011,32(2):51-56. |
| |
| 作者姓名： | 孟双武 |
| |
| 作者单位： | 中南大学商学院; |
| |
| 摘 要： | 企业持有现金是企业内部融资的一个重要手段,与投资行为密切相关。上市公司应持有多大规模的现金,才能使得现金持有成本和丧失投资机会的成本之和最低,这是企业管理层必须考虑的一个问题。该文旨在通过实证方法研究不同现金持有水平的公司在投资行为方面存在的差异以及投资效率的高低,并提出相应的建议对策,以期能够对公司的现金持有管理有所贡献。
|
| 关 键 词： | 现金持有 投资效率 公司业绩 |
Cash Holdings on the Investment Behavior in Listed Companies |
| |
| MENG Shuang-wu.Cash Holdings on the Investment Behavior in Listed Companies[J].The Theory and Practice of Finance and Economics,2011,32(2):51-56. |
| |
| Authors: | MENG Shuang-wu |
| |
| Institution: | MENG Shuang-wu (School of Business,Central South University,Hunan,Changsha,Hunan 410078,China) |
| |
| Abstract: | Cash holdings,as an important means of internal financing,is closely related to investment behavior.The management should keep the total cost in the optimal standard which is consist by cash holdings cost and opportunity cost of investment chance loss.The investment behaviors and investment efficiency under different cash holdings are researched by empirical analysis,and some suggestions are provided in the paper. |
| |
| Keywords: | Cash Holdings Investment Efficiency Performance of Companies |
| 本文献已被 CNKI 万方数据 等数据库收录！ |
| 点击此处可从《财经理论与实践》浏览原始摘要信息 |
| 点击此处可从《财经理论与实践》下载免费的PDF全文 |
|
