Earticle

초록

영어

The inflation often impacts the economy of a country such as China, and then the inflation can decrease the corporate investment. In this paper, the affecting relationship between the inflation and the corporate investments of the listed corporations in the Chinese stock market was modeled. After analyzing various factors of the investment decisions in this model, we tested the data of the companies, which traded in the Shanghai and Shenzhen stock exchange markets from January 1, 2004 to September 30, 2012. The calculation results show that the inflation and the corporate investments are significantly negatively correlated. When the inflation increased, the corporate investments decreased. However, the decline of income tax rates sometimes would stimulate the increase of the corporate investments in the inflation environment. So the secure corporate investment is to choose the most irrelative corporate investment with the inflation, using the declining income tax rates.

목차

Abstract
 1. Introduction
 2. Model of Secure Corporate Investment against Inflation Impact
 3. Experimental Results
 4. Conclusions
 References

키워드

저자

• Ming Zhang [ Management Institute, Donghua University, Shanghai 200051, China ]
• Tao Gong [ College of Information S. & T., Donghua University, Shanghai 201620, China, 3Engineering Research Center of Digitized Textile & Fashion Technology, Ministry of Education, Donghua University, Shanghai 201620, China ]

참고문헌

발행기관

간행물

표지보기 관심저널 등록

• 간행물명

  International Journal of Security and Its Applications

• 간기

  격월간

• pISSN

  1738-9976

• 수록기간

  2008~2016

• 등재여부

  SCOPUS

• 십진분류

  KDC 505 DDC 605