Economic policy uncertainty, related-party transactions and corporate liquidity

IF 7.4 2区经济学 Q1 BUSINESS, FINANCE

Finance Research Letters Pub Date : 2025-02-17 DOI:10.1016/j.frl.2025.107010

Lei Wang , Xinyi Qu , Yunquan Wang , Jun Lu , Qi Wang

引用次数: 0

Abstract

This study examines the impact of economic policy uncertainty on enterprises' related-party transactions using a sample of listed companies from 2018 to 2022. The findings indicate that related-party transactions increase as economic policy uncertainty rises. Enhanced economic policy uncertainty leads to decreased corporate liquidity, prompting enterprises to engage in more related-party transactions. Additionally, non-state-owned enterprises exhibit stronger incentives to conduct related-party transactions when economic policy uncertainty increases.

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来源期刊

Finance Research Letters BUSINESS, FINANCE-

CiteScore

11.10

自引率

14.40%

发文量

863

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