Proceedings of the International Conference on Judicial, Administrative and Humanitarian Problems of State Structures and Economical Subjects (JAHP 2016)

The Influence of Diversification on Performance of State-owned Enterprises An Empirical Study Based on Panel Threshold Model

Authors
Xujun Liu, Hongxing Wen
Corresponding Author
Xujun Liu
Available Online August 2016.
DOI
10.2991/jahp-16.2016.24How to use a DOI?
Keywords
threshold effect; diversification; performance
Abstract

The Panel Threshold auto-regression model has been used in this paper to study on Threshold Effect between diversification and performance of state-owned enterprises, and test whether there is an optimal threshold value of diversification index which cause more than two interval relationships of corporate performance that appear vertical asymmetric due to diversification effect. Empirical study shows that there is a double Threshold Effect between diversified index and corporate performance, in which, all interval influence coefficients are negative, that is, the promotion of diversification to corporate performance appears a gradually accelerating tendency.

Copyright
© 2016, 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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Volume Title
Proceedings of the International Conference on Judicial, Administrative and Humanitarian Problems of State Structures and Economical Subjects (JAHP 2016)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
August 2016
ISBN
978-94-6252-226-8
ISSN
2352-5398
DOI
10.2991/jahp-16.2016.24How to use a DOI?
Copyright
© 2016, 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  - Xujun Liu
AU  - Hongxing Wen
PY  - 2016/08
DA  - 2016/08
TI  - The Influence of Diversification on Performance of State-owned Enterprises An Empirical Study Based on Panel Threshold Model
BT  - Proceedings of the International Conference on Judicial, Administrative and Humanitarian Problems of State Structures and Economical Subjects (JAHP 2016)
PB  - Atlantis Press
SP  - 104
EP  - 108
SN  - 2352-5398
UR  - https://doi.org/10.2991/jahp-16.2016.24
DO  - 10.2991/jahp-16.2016.24
ID  - Liu2016/08
ER  -