Impact of Securities Investment on Corporate Performance
DOI:
https://doi.org/10.54097/hbem.v9i.9178Keywords:
Securities Investment; Financialization; Corporate Performance.Abstract
In recent years, with the development of economic technology, securities investment by listed companies has become increasingly common. Using the Chinese listed firms from 2009 to 2020, this study investigates the effect of securities investment on corporate performance. This study finds that securities investment by listed companies has a positive impact on corporate performance. This paper contributes to the literature on the consequences of enriching research on the consequences of financialization in enterprises and studies on the evaluation of corporate performance. In addition, this study provides implications for listed firms, the weighting of securitized investments, and the evaluation of corporate performance.
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