Study on the Impact of Monetary Policy on Corporate Investment Behavior
Authors
Jun Duan, Xiaolin Pan
Corresponding Author
Jun Duan
Available Online May 2017.
- DOI
- 10.2991/icemct-17.2017.105How to use a DOI?
- Keywords
- Monetary Policy, Enterprise level, Enterprise Capital
- Abstract
This paper explores how the enterprise level affects the enterprise investment behavior from the research perspective of the monetary policy in the government macroeconomic policy. Based on the empirical study of the quarterly data from 2007 to 2015 in listed companies of A-share, this paper has found: when the Central Bank implements tight monetary policies, the enterprise level has a weakened impact on the corporate investment scale. However, due to the buffer action of the internal capital market, the monetary policy has comparatively small impact on the corporate investment scale.
- Copyright
- © 2017, 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/).
Cite this article
TY - CONF AU - Jun Duan AU - Xiaolin Pan PY - 2017/05 DA - 2017/05 TI - Study on the Impact of Monetary Policy on Corporate Investment Behavior BT - Proceedings of the 2017 4th International Conference on Education, Management and Computing Technology (ICEMCT 2017) PB - Atlantis Press SP - 473 EP - 479 SN - 2352-5398 UR - https://doi.org/10.2991/icemct-17.2017.105 DO - 10.2991/icemct-17.2017.105 ID - Duan2017/05 ER -