| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 7352213 | Finance Research Letters | 2017 | 8 Pages |
Abstract
This paper analyzes the influence of regulatory policies on investment expenditures of real estate enterprises with the data of Chinese listed real estate enterprises. The results show that, the integral deflation policies prevent the investment expenditure of real estate enterprises in two aspects: supply effect and the demand effect. The influence of regulatory policies on state-owned listed real estate enterprises is mainly realized via demand effect, while that of non-state-owned real estate enterprises by two channels. Firstly, policies can influence the investment expenditure of real estate enterprises directly. Secondly, it can indirectly influence the investment expenditure by financing constraints.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Shoujin Yu, Ling Zhang, Yanni Zeng, Hao Zhang,