摘要
从企业微观层面,选择2012-2014年中国出口上市公司,搜集其企业家社会资本的不同关系维度数据,实证检验企业社会资本、融资约束与企业出口之间的关系。研究发现,企业家的政府任职经历、商业关系以及或企业家荣誉有利于企业通过缓解融资约束来提高出口密度,而企业家的政治面貌、政治身份则作用相反。文章结论对企业有效构建社会资本网络,提高筹资能力来降低出口中的流动性约束具有积极的理论指导意义和实践参考价值。
Using the sample of Chinese listed companies with export business during 2012-2014, collecting the data of entrepreneur's social capital with different relationship dimensions, this paper empirically tests the relationship between social capital, financing constraints and enterprise export. Result shows that the government working experience, business relationship and rewards of the entrepreneur help enterprises to improve export intensity through reducing financing constraints, but the political status, political identity of the entrepreneur play the opposite role. The result provides positive theoretical guiding and practical reference value for enterprises to effectively build social capital network and reduce the liquidity constraints in export through improving the financing ability
作者
周茜
ZHOU Xi(Accounting School of Guangdong University of Finance & Economics,Guangdong,510320;Research Institute of Capital Market and Audit Governance in Guangdong-Hong Kong-Macao Greater Bay Area of Guangdong University of Finance & Economics, Guangdong,510320)
出处
《技术经济与管理研究》
北大核心
2018年第11期23-27,共5页
Journal of Technical Economics & Management
基金
广东省青年创新人才类项目(2015WQNCX045)
广州市哲学社会科学项目(15G32)
关键词
社会资本
关系网络
融资约束
出口密度
Social capital
Relation network
Financing constraints
Export intensity
