Effects of digital economic antitrust policy on enhancing corporate innovation performance

IF 7.4 2区 经济学 Q1 BUSINESS, FINANCE
Xiaofen Wang , Jing Yu , Jing Di
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引用次数: 0

Abstract

By employing a difference-in-differences (DID) model, this study comprehensively examined the interplay between China's enforcement of anti-monopoly policies in the digital economy sector and its impact on corporate innovation performance. We selected listed companies operating within this industry from 2012 to 2022. The findings underscore the significant positive contribution of anti-monopoly policies in strengthening innovation performance among the sample firms and shed light on the crucial role of anti-monopoly measures in fortifying intellectual property protection mechanisms. This fosters an environment conducive to even higher levels of corporate innovation, providing a comprehensive understanding of the dynamics at play.
数字经济反垄断政策对提高企业创新绩效的影响
本研究采用差分(DID)模型,全面考察了中国在数字经济领域实施反垄断政策及其对企业创新绩效影响之间的相互作用。我们选取了 2012 年至 2022 年在该行业运营的上市公司作为研究对象。研究结果表明,反垄断政策对提升样本企业的创新绩效具有显著的积极作用,并揭示了反垄断措施在强化知识产权保护机制方面的关键作用。这为更高水平的企业创新创造了有利环境,为全面了解其中的动态提供了依据。
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来源期刊
Finance Research Letters
Finance Research Letters BUSINESS, FINANCE-
CiteScore
11.10
自引率
14.40%
发文量
863
期刊介绍: Finance Research Letters welcomes submissions across all areas of finance, aiming for rapid publication of significant new findings. The journal particularly encourages papers that provide insight into the replicability of established results, examine the cross-national applicability of previous findings, challenge existing methodologies, or demonstrate methodological contingencies. Papers are invited in the following areas: Actuarial studies Alternative investments Asset Pricing Bankruptcy and liquidation Banks and other Depository Institutions Behavioral and experimental finance Bibliometric and Scientometric studies of finance Capital budgeting and corporate investment Capital markets and accounting Capital structure and payout policy Commodities Contagion, crises and interdependence Corporate governance Credit and fixed income markets and instruments Derivatives Emerging markets Energy Finance and Energy Markets Financial Econometrics Financial History Financial intermediation and money markets Financial markets and marketplaces Financial Mathematics and Econophysics Financial Regulation and Law Forecasting Frontier market studies International Finance Market efficiency, event studies Mergers, acquisitions and the market for corporate control Micro Finance Institutions Microstructure Non-bank Financial Institutions Personal Finance Portfolio choice and investing Real estate finance and investing Risk SME, Family and Entrepreneurial Finance
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