Financial asset allocation duality and enterprise upgrading: empirical evidence from the Chinese A-share market
Abstract This study selects the financial data of Chinese non-financial listed companies from 2012 to 2021 as the research sample and empirically examines in detail the impact of financial asset allocation on enterprise upgrading and its mechanism. The study finds that financial assets have a dual i...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Springer Nature
2023-05-01
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Series: | Humanities & Social Sciences Communications |
Online Access: | https://doi.org/10.1057/s41599-023-01683-1 |