陈胜蓝,陈英丽,胡佳妮

• 1:内蒙古大学经济管理学院

摘要(Abstract)：

市场竞争作为一种重要的外部机制对公司经营决策具有重要影响。基于2004～2009年中国20个行业上市公司的数据,本文以各行业内公司的产品市场竞争衡量市场竞争程度,实证考察了市场竞争对公司融资约束的影响,以及不同股权性质下这种影响的差异。研究结果表明市场竞争越激烈,企业融资约束现象越严重;相对于国有控制公司,非国有控制公司在市场竞争激烈时更能有效缓解公司融资约束。

关键词(KeyWords)： 市场竞争;融资约束;股权性质

Abstract:

Keywords:

基金项目(Foundation): 教育部人文社会科学研究西部和边疆地区项目(项目编号:10XJC630003),教育部人文社会科学研究一般项目(项目编号:11YJA630023);; 内蒙古自治区自然科学基金项目(项目编号:2011BS1004);; 内蒙古高等学校科学研究项目(NJ10028);; 内蒙古大学高层次人才引进科研启动项目(项目编号:Z20100103)

作者(Author): 陈胜蓝,陈英丽,胡佳妮

DOI: 10.13269/j.cnki.ier.2012.04.006

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