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Journal of Financial Research. 2007, (06) Core

An Empirical Study on the Motivation and Effect of Government SubsidyChinese Full Text

Tang Qiangquan Luo Danglun

Abstract: Based on the samples of listed companies from 2002 to 2004,this paper studies the motivation and the effect of the government subsidy.The author finds out that,as a direct measure of the government interven- tion in market,government subsidy has played great role for the society maintenance,and especially for the lo- cal listed State-owned Enterprises.It shows that the state-owned enterprises assume part of the government function indeed.The motivation of the stock allotment and the financing in... More
Keywords：

social target; government subsidy; government intervention;

  • Series：

    (J) Economics ＆ Management

  • Subject：

    Macro-economic Management and Sustainable Development

  • Classification Code：

    F123.16

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