An Empirical Study of Individual Behavior Constraints and Capital Allocation Efficiency in Financial Management

DOI

10.2991/icemaess-18.2018.226How to use a DOI?

Keywords

financial management, capital allocation

Abstract

The capital allocation of financial management service industry is effective as a whole, but it shows significant fluctuation. There are significant regional, provincial and industry differences in the efficiency of capital allocation of service industry, regions with low level of urbanization and economic development, provinces with strong industrial growth and value creativity, and lines with high monopoly or public service nature. Industry, capital allocation efficiency is low or invalid. Empirical analysis of the factors affecting the efficiency of capital allocation in service industry shows that the process of marketization and the financial development measured by bank deposits and loans, loan-to-deposit ratio and stock transaction amount can promote the efficiency of capital allocation in service industry, and the financial development measured by insurance density and insurance depth can promote the efficiency of capital allocation in service industry. The effect is not significant.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Ziqiao Qu
PY  - 2018/11
DA  - 2018/11
TI  - An Empirical Study of Individual Behavior Constraints and Capital Allocation Efficiency in Financial Management
BT  - Proceedings of the 2018 5th International Conference on Education, Management, Arts, Economics and Social Science (ICEMAESS 2018)
PB  - Atlantis Press
SP  - 1132
EP  - 1135
SN  - 2352-5398
UR  - https://doi.org/10.2991/icemaess-18.2018.226
DO  - 10.2991/icemaess-18.2018.226
ID  - Qu2018/11
ER  -