迷信对企业投资行为的影响：来自无宗教信仰国家越南的证据✰

IF 2.8 2区经济学 Q1 ECONOMICS

Journal of Comparative Economics Pub Date : 2023-11-11 DOI:10.1016/j.jce.2023.11.002

Dai Van Pham

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引用次数: 0

摘要

本研究探讨了迷信对越南（一个高度无宗教信仰的国家）企业决策的影响。我们重点研究了 49-53 岁被认为是灾年的民间信仰，并使用回归不连续设计表明，在董事的这些年龄段，公司会显著减少固定资产投资。这种影响在规模较小的公司中更为明显，而且不会伴随就业增长的下降。我们引入了一种新颖的两阶段差分法来确定迷信在导致 "灾难性年龄 "效应中的作用。

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The effects of superstition on firms' investment behavior: Evidence from Vietnam, an irreligious country✰

This study examines the impact of superstition on corporate decision-making in Vietnam, a highly irreligious country. We focus on the folk belief that the ages of 49–53 are considered calamitous and use a regression discontinuity design to show that companies significantly decrease their investment in fixed assets during these ages of their directors. The effect is more pronounced in smaller firms and is not accompanied by a decrease in employment growth. We introduce a novel two-stage difference method to identify the role of superstition in causing the ‘calamitous ages’ effect.

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来源期刊

Journal of Comparative Economics ECONOMICS-

CiteScore

4.40

自引率

0.00%

发文量

审稿时长

45 days

期刊介绍： The mission of the Journal of Comparative Economics is to lead the new orientations of research in comparative economics. Before 1989, the core of comparative economics was the comparison of economic systems with in particular the economic analysis of socialism in its different forms. In the last fifteen years, the main focus of interest of comparative economists has been the transition from socialism to capitalism.