摘要
内源融资与外源融资反映企业融资能力,实证分析企业融资能力和企业家特质与企业绩效的关系后发现:内源融资能显著提升企业绩效,外源融资对企业绩效有抑制作用;企业家特质总体上对企业绩效提升作用不显著。企业家特质可以通过减少信息搜集成本、交易成本和制度实施成本,提高企业绩效、改善企业生存和发展能力。因此自创区企业可以通过提高融资能力和发挥企业家个人特质的作用来提高企业绩效。
Internal financing and external financing reflect corporate financing capabilities,and empirical analysis of the relationship between corporate financing capabilities and entrepreneurial characteristics and corporate performance.The results show that endogenous financing can significantly improve corporate performance,and external financing has an inhibitory effect on corporate performance.At the same time,it has been verified that entrepreneurial traits have no significant effect on improving corporate performance.The entrepreneurial traits can improve corporate performance and improve their ability to survive and develop by reducing information acquisition costs,transaction costs,and system implementation costs.Therefore,companies of the Self-dependent Innovation Demonstration Area can improve their performance by improving their financing capabilities and playing the role of entrepreneurial traits.
作者
周阳敏
王前前
ZHOU Yang-min;WANG Qian-qian(Business School of Zhengzhou University, Zhengzhou 450001, China)
出处
《河南科技大学学报（社会科学版）》
2021年第1期26-34,共9页
Journal of Henan University of Science & Technology(Social science)
基金
国家社会科学基金年度项目(14BJY049)
河南省软科学重大课题(182400410003)。
关键词
融资能力
企业家特质
企业绩效
制度资本
financing ability
entrepreneurial traits
business performance
institutional capital
