| Autor: |
Yan Zhi, Zheng Li, Changyuan Luo |
| Jazyk: |
angličtina |
| Rok vydání: |
2024 |
| Předmět: |
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| Zdroj: |
China Economic Quarterly International, Vol 4, Iss 2, Pp 69-81 (2024) |
| Druh dokumentu: |
article |
| ISSN: |
2666-9331 |
| DOI: |
10.1016/j.ceqi.2024.04.001 |
| Popis: |
This paper employs the difference-in-differences (DID) to investigate the impact of “going global” on enterprises' financialization. Baseline estimation shows that the degree of financialization of enterprises participating in the Belt and Road Initiative was lower compared with those not participating in the Initiative. Mechanism analysis reveals that “going global” through Belt and Road Initiative has improved enterprises' profitability of real sector investment and inhibited their motivation of financialization. These findings provide new perspectives for more effectively promoting enterprises to participate in the Belt and Road construction and helping inhibit enterprises’ financialization. |
| Databáze: |
Directory of Open Access Journals |
| Externí odkaz: |
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