Business group internal capital market excess value measure research

DOI

10.2991/icemeet-16.2017.123How to use a DOI?

Keywords

is a family enterprise group. Internal capital markets. The excess value

Abstract

the article firstly combed the enterprise group's internal capital market value creation related research literature, then, summarizes the internal capital market excess value measure, on this basis, build a suitable for China's national conditions of internal capital market excess value measurement model. Finally, using the sample data of internal capital market is a group enterprise group excess value to measure (). Study shows that the value of the whole show, the excess value of enterprise groups, the generally low, 53.4% of the lineage of the negative, that is a family enterprise group's internal capital allocation inefficiencies in our country?

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/).

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TY  - CONF
AU  - An Xu
AU  - Zhi-wen Gong
PY  - 2017/01
DA  - 2017/01
TI  - Business group internal capital market excess value measure research
BT  - Proceedings of the 2016 2nd International Conference on Economics, Management Engineering and Education Technology (ICEMEET 2016)
PB  - Atlantis Press
SP  - 581
EP  - 584
SN  - 2352-5398
UR  - https://doi.org/10.2991/icemeet-16.2017.123
DO  - 10.2991/icemeet-16.2017.123
ID  - Xu2017/01
ER  -