An Empirical Study on the Contribution of Mining Industry's Financial Capability to Corporate Value
赵敬朋① ZHAO Jing-peng;李清② LI Qing
(①石家庄学院财务处，石家庄 050035;②武安市武安镇政府，邯郸 056300)
(①Finance Department，Shijiazhuang University，Shijiazhuang 050035，China;
② Wuan Town Government，Handan 056300，China)
摘要：“业财融合”是企业实现价值提升的重要手段，业务与财务的交融作用需要经过进一步地实证检验。本文以采矿业上市公司为研究对象，从实证角度出发，通过建立多元回归模型，对整体财务能力与代表企业价值的托宾Q值进行相关性分析，并进行稳健性检验，旨在找出对采矿业企业价值影响较大的财务指标，以此为切入点进行相关的财务决策，以期促进该类企业持续、稳健地发展。
Abstract: "Industrial financial integration" is an important means for enterprises to realize value enhancement, and the interaction between business and finance needs further empirical tests. This article takes the listed companies in the mining industry as the research object, and establishes a multiple regression model to correlate the overall financial ability with the Tobin Q that represents the company's value, and conducts a robustness test to find out the impact on the mining industry's corporate value. Larger financial indicators, as a starting point for relevant financial decisions, in order to promote the sustainable and steady development of such enterprises.
关键词：财务能力;企业价值;采矿业;实证检验
Key words: financial ability;corporate value;mining industry;empirical test
中图分类号：F253.7 文献标识码：A 文章编号：1006-4311(2018)26-0001-03
文章出处：赵敬朋;李清.采矿业财务能力对企业价值贡献的实证研究【J】价值工程.2018-09-18 |
