Economic Cycles and Business Investment
An Empirical Investigation of Chinese Companies
- 10.2991/aebmr.k.220307.007How to use a DOI?
- Business investment; Cash holding; Economic cycle
As the economy fluctuates in a regular cycle, this paper refers to previous research findings. It divides the economic cycle into three phases by controlling variables for firms’ operating conditions, debt situation, and cash holdings to study the economic cycle’s impact on the scale of business investment. The empirical results find that micro firms behave differently in different phases of the cycle. Finally, the paper gives suggestions for business and macroeconomic policy development based on the empirical results.
- © 2022 The Authors. Published by Atlantis Press International B.V.
- Open Access
- This is an open access article under the CC BY-NC license.
Cite this article
TY - CONF AU - Ting Liu PY - 2022 DA - 2022/03/26 TI - Economic Cycles and Business Investment BT - Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022) PB - Atlantis Press SP - 39 EP - 43 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.220307.007 DO - 10.2991/aebmr.k.220307.007 ID - Liu2022 ER -