China's Economic Policy Uncertainty and China Commodity Futures Company Performance
DOI:
https://doi.org/10.54097/fbem.v8i2.7127Keywords:
Economic policy uncertainty, Commodity futures, Company performance.Abstract
Under the background of the innovation of the futures market, the mixed operation of the capital market and the liberalization of the financial market, China's futures companies are faced with rare opportunities for development, as well as severe difficulties and challenges. Based on the theoretical model and analysis, this paper discusses the impact of economic policy uncertainty on the performance of commodity futures companies based on the panel data of China's A-share agricultural, forestry, fishery and animal husbandry, manufacturing listed companies and the Baker's China economic policy uncertainty index from 2013 to 2020, and draws the conclusion that China's economic policy uncertainty can have a positive impact on the performance of China's agricultural, forestry, fishery and animal husbandry, manufacturing commodity futures companies. In light of this perspective, it is essential for government agencies to carefully assess the influence on various economic sectors while employing policy measures to manage economic growth and mitigate the effects of economic fluctuations. This would prevent policy-induced fluctuations. Simultaneously, it is crucial for commodity futures companies to bolster innovation and enhance their operational capabilities in order to secure long-term progress.
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