Government Subsidy, Property Rights and Operation Performance of Agricultural Enterprises

LI Li; HUANG Peifeng; CHEN Nafei

doi:10.3969/j.issn.1004-390X(s).2019.06.013

Volume 13 Issue 6

Nov. 2019

Turn off MathJax

Article Contents

Abstract

References

Journal of Yunnan Agricultural University (Social Science) > 2019 > 13(6): 83-90. > DOI: 10.3969/j.issn.1004-390X(s).2019.06.013

LI Li, HUANG Peifeng, CHEN Nafei. Government Subsidy, Property Rights and Operation Performance of Agricultural Enterprises[J]. Journal of Yunnan Agricultural University (Social Science), 2019, 13(6): 83-90. DOI: 10.3969/j.issn.1004-390X(s).2019.06.013

Citation:

PDF (1091 KB)

Government Subsidy, Property Rights and Operation Performance of Agricultural Enterprises

DOI: 10.3969/j.issn.1004-390X(s).2019.06.013

1. School of Jinshan, Fujian Agriculture and Forestry University, Fuzhou 350002, China;
2. School of Economics, Fujian Agriculture and Forestry University, Fuzhou 350002, China;
3. School of Management, Fujian University of Technology, Fuzhou 350108, China

More Information

Received Date: May 06, 2019
Revised Date: June 22, 2019

Graphical Abstract

Abstract

Abstract

Based on 30 listed agricultural companies data from 2012-2017 as the research object, this paper mainly investigates the influence of government subsidies on the performance of agricultural enterprises and whether there are differences in the influence of government subsidies on the performance of enterprises under different property rights. The results show that the proportion of government subsidies to total assets of state-owned agricultural companies is 2.5% higher than that of non-state-owned agricultural companies. In the analysis of the lag effect of the previous government subsidy data on the enterprise performance, it is found that the government subsidy has no significant effect on the enterprise performance of agricultural companies. At the same time, government subsidies of non-state-owned agricultural listed companies have a worse effect on their corporate performance than state-owned agricultural listed companies.
- government subsidy,
- property rights,
- agricultural companies,
- enterprise performance

FullText(HTML)

References (17)

References

[1]	阿瑟·塞西尔·庇古.福利经济学[M].金镝,译.北京:华夏出版社,2017:56.
[2]	STIJN CLAESSENS,ERIK FEIJEN,LUC LAEVEN.Political Connections and Preferential Access to Finance:The Role of Campaign Contributions[J].Journal of Financial Economics,2008,88(3):554.DOI: 10.1016/j.jfineco.2006.11.003.
[3]	LACH SAUL.Do R&D Subsidies Stimulate or Displace Private R&D:Evidence from Israel[J].Journal of Industrial Economics,2002,50(4):369.DOI: 10.2139/ssrn.240228.
[4]	曹阳,易其其.政府补助对企业研发投入与绩效的影响:基于生物医药制造业的实证研究[J].科技管理研究,2018(1):40.DOI: 10.3969 /j.issn.1000-7695.2018.01.007.
[5]	汤新华.政策扶持对农业类上市公司业绩的影响[J].福建农林大学学报(哲学社会科学版),2003,6(1):33.DOI: 10.3969/j.issn.1671-6922.2003.01.010.
[6]	范黎波,马聪聪,马晓婕.多元化、政府补贴与农业企业绩效:基于A股农业上市企业的实证研究[J].农业经济问题,2012(11):83.DOI: 10.13246 /j.cnki.iae.2012.11.012.
[7]	沈晓明,谭再刚,伍朝晖.补贴政策对农业上市公司的影响与调整[J].中国农村经济,2002(6):20.
[8]	彭熠,胡剑锋.财税补贴优惠政策与农业上市公司经营绩效:实施方式分析与政策启示[J].四川大学学报(哲学社会科学版),2009(3):86.DOI: 10.3969/j.issn.1006-0766.2009.03.013.
[9]	崔宝玉,刘学.政府财税扶持提高了农业企业经营效率吗:来自482家国家级农业龙头企业的经验证据[J].经济问题,2014(9):20.DOI: 10.16011 /j.cnki.jjwt.2014.09.018.
[10]	余明桂,回雅甫,潘红波.政治联系、寻租与地方政府财政补贴有效性[J].经济研究,2010(3):65.
[11]	王爱兰,王凤翔.地方政府对竞争性企业提供财政补贴的理性思考[J].天津大学学报(社会科学版),2006,8(6):412.DOI: 10.3969/j.issn.1008-4339.2006.06.003.
[12]	何红渠,刘家祯.产权性质、政府补助与企业盈利能力:基于机械、设备及仪表上市企业的实证检验[J].中南大学学报(社会科学版),2016(4):76.DOI: 10.3969/j.issn.1672-3104.2016.02.012.
[13]	孔东民,刘莎莎,王亚男.市场竞争、产权与政府补贴[J].经济研究,2013(2):55.
[14]	TZELEPIS D, SKURAS D.The Effects of Regional Capital Subsidies on Firm Performance:An Empirical Study[J].Journal of Small Business and Enterprise Development,2004,11(1):121.DOI: 10.1108/14626000410519155.
[15]	安维东,张莉艳.产权性质、股权结构与企业绩效的关系分析:基于零售行业上市公司的经验证据[J].商业经济研究,2015(14):92.DOI: 10.3969 /j.issn.1002-5863.2015.14.036.
[16]	张天舒,黄俊,崔鸷.股权性质、市场化进程与政府补助:基于ST公司的经验证据[J].投资研究,2014,33(1):35.
[17]	陆少秀,冯树清,廖以.所有权性质、政府补助与企业绩效:来自制造业上市公司的经验证据[J].财会通讯,2016(6):45.DOI: 10.16144 /j.cnki.issn1002-8072.2016.06.012.

[1]	LIAN Ruirui, WANG Chengcheng. Research on the Impact of Village Cadres Digital Literacy on Rural Governance Performance[J]. Journal of Yunnan Agricultural University (Social Science). DOI: 10.12371/j.ynau(s).202411033
[2]	WU Ruxin, ZHOU Ziqing, CAI Jiaxin. Research on the Influence Mechanism of Entrepreneurial Bricolage on Entrepreneurial Performance of New Generation Migrant Workers[J]. Journal of Yunnan Agricultural University (Social Science), 2025, 19(1): 148-157. DOI: 10.12371/j.ynau(s).202406231
[3]	WANG Min, HAN Yahui. The Innovation Effect of Government Support for Digital Transformation of Agriculture-related Enterprises[J]. Journal of Yunnan Agricultural University (Social Science), 2025, 19(1): 12-20. DOI: 10.12371/j.ynau(s).202409150
[4]	ZHONG Deren, JIANG Haibo. Digital Transformation, Diversification of Listed Agricultural Companies and Enterprise Performance[J]. Journal of Yunnan Agricultural University (Social Science). DOI: 10.12371/j.ynau(s).202501060
[5]	TIAN Yipiao, LIU Mingyue, LIAO Wangke. The Formation Mechanism of Entrepreneurial Performance in Rural Areas under the Scarcity of Rural Resources: A Case Study Based on Grounded Theory[J]. Journal of Yunnan Agricultural University (Social Science), 2024, 18(1): 62-69. DOI: 10.12371/j.ynau(s).202309027
[6]	LU Panpan, YANG Yanchen, LIU Tianhang, YU Zhongxiang. Land Supply Performance Evaluation and Obstacles Analysis of Hefei City[J]. Journal of Yunnan Agricultural University (Social Science), 2022, 16(2): 145-152. DOI: 10.12371/j.ynau(s).202106044
[7]	CHEN Youcheng, WEI Zhengyi, LI Ziqiang. Financial Literacy, Formal Credit Availability and Family Farm Entrepreneurial Performance: Take Fujian Province as an Example[J]. Journal of Yunnan Agricultural University (Social Science), 2021, 15(5): 55-64. DOI: 10.3969/j.issn.1004-390X(s).202011117
[8]	CHEN Xinping, ZOU Nengfeng. The Influence of Debt Financing Term Structure of Agricultural Listed Company on Corporate Performance[J]. Journal of Yunnan Agricultural University (Social Science), 2019, 13(2): 108-113. DOI: 10.3969/j.issn.1004-390X(s).2019.02.016
[9]	MA Yuan, KONG Long. The Performance Evaluation and Countermeasure of Poverty Alleviation in Gansu Province[J]. Journal of Yunnan Agricultural University (Social Science), 2017, 11(4): 17-21. DOI: 10.3969/j.issn.1004-390X(s).2017.04.004
[10]	WANG Runwei, BI Baoliang, ZHANG Haitao, SHI Jiasheng. Analysis of the Performance and Influencing Factors of College Teaching Team Based on Structural Equation Mode[J]. Journal of Yunnan Agricultural University (Social Science), 2016, 10(6): 115-122. DOI: 10.3969/j.issn.1004-390X(s).2016.06.023

Cited By

Cited by

Periodical cited type(3)

1.	辛立秋，黄龙，孙宇. 税收优惠、融资约束对农业上市公司经营绩效的影响研究. 东北农业大学学报(社会科学版). 2022(04): 53-60 .
2.	范婧. 基于财务角度的农业产业化龙头企业发展绩效的内部影响因素分析. 商业经济. 2021(07): 125-129 .
3.	吴铖铖，吴自爱，宋桂娥，陈素平. 高管薪酬、高管薪酬差距对企业经营绩效的影响——基于农业上市公司的实证研究. 重庆科技学院学报(社会科学版). 2020(06): 43-48 .

Other cited types(12)

Get Citation

PDF

XML

Article views (1750) PDF downloads (13) Cited by(15)

Government Subsidy, Property Rights and Operation Performance of Agricultural Enterprises

DOI: 10.3969/j.issn.1004-390X(s).2019.06.013

Abstract

References

Related Articles

Cited by

Periodical cited type(3)

Other cited types(12)

Catalog

Government Subsidy, Property Rights and Operation Performance of Agricultural Enterprises

DOI: 10.3969/j.issn.1004-390X(s).2019.06.013

Abstract

References

Related Articles

Cited by

Periodical cited type(3)

Other cited types(12)

Catalog

Export File

Citation

Format

Content