摘要
良好的营商环境是推动企业创新、促进经济高质量发展的基石。近年来,随着各级政府对营商环境的重视,各地营商环境不断改善。本文以沪深A股汽车制造板块的70家上市公司为研究对象,搜集了2013-2018年间相关数据,运用分层回归分析方法分别检验了营商环境、企业创新与企业价值之间的关系,探讨营商环境对企业创新与企业价值关系的调节作用。结果显示:营商环境指数越高,越有利于企业价值的提升;企业创新能力的提高促进企业价值的提升。同时,营商环境的改善显著强化企业创新对企业价值的正向作用。
A sound business environment is the cornerstone of promoting corporate innovation and high-quality economic development.In recent years, with the continuous attention and improvement of the business environment, the optimization effect is also concerned.This paper takes 70 listed companies in Shanghai and Shenzhen A-share automobile manufacturing sector as research objects, collects relevant data from 2013 to 2018, and uses hierarchical regression analysis method to test the relationship between business environment, enterprise innovation and enterprise value, as well as the moderating effect of business environment on the relationship between enterprise innovation and enterprise value.The results show that the higher the business environment index, the more conducive to the promotion of enterprise value;enterprise innovation ability can promote the promotion of enterprise value;at the same time, the business environment can significantly strengthen the positive effect of enterprise innovation on enterprise value.
出处
《价格理论与实践》
北大核心
2020年第12期123-126,共4页
Price:Theory & Practice
基金
2019年河南省高等学校重点科研项目:嵌入行业环境因素的河南省涉农上市公司财务预警研究(项目编号:19A790021)
信阳学院2019年校级科研项目:创新环境、科技创新与企业绩效增长——基于鄂豫两省企业的测度研究(项目编号:2019-XJWYB-006)的阶段性成果。
关键词
营商环境
企业创新
企业价值
分层回归
business environment
enterprise innovation
enterprise value
hierarchical regression
