南华大学学报(社会科学版)2023,Vol.24Issue(6):67-75,9.DOI:10.13967/j.cnki.nhxb.2023.0086
供应商关系对企业投资效率的影响研究
Research on the Influence of Supplier Relationship on Investment Efficiency of Enterprises
摘要
Abstract
Based on the data of A-share manufacturing enterprises in Shanghai and Shenzhen from 2012 to 2021,this paper ana-lyzes the impact of supplier relationship on enterprise investment efficiency and its mechanism from the two dimensions of dynamic sup-plier fluctuation and static supplier concentration.It is found that supplier fluctuation and supplier concentration will have a negative impact on the investment efficiency of enterprises,and this negative impact is manifested in aggravating the over-investment and under-investment of enterprises.With the continuous improvement of corporate financing constraints,the negative effects of supplier fluctua-tions and supplier concentration on enterprise investment efficiency are more obvious.The research conclusions provide theoretical and practical references for enterprises to carry out supplier relationship management and enterprise investment decision-making.关键词
供应商波动/供应商集中度/投资效率/融资约束Key words
supplier fluctuations/supplier concentration/investment efficiency/financing constraints分类
管理科学引用本文复制引用
热比亚·吐尔逊,尹颖,曾志力,蔡欣秀..供应商关系对企业投资效率的影响研究[J].南华大学学报(社会科学版),2023,24(6):67-75,9.基金项目
新疆财经大学研究生科研创新项目"企业数字化转型对绿色供应链及环境绩效的影响:基于制度理论视角"资助(编号:XJUFE2022K35) (编号:XJUFE2022K35)