央行前瞻指引对企业创新的影响：来自管理层信心和银行信贷可得性的视角

IF 6.9 2区经济学 Q1 BUSINESS, FINANCE

Finance Research Letters Pub Date : 2025-06-03 DOI:10.1016/j.frl.2025.107702

Shenfeng Tang , Na Sun

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引用次数: 0

摘要

本研究从微观企业层面考察央行前瞻指导对企业创新的影响。研究发现，积极的央行前瞻指导情绪增强了管理层信心，增加了银行信贷的可获得性，促进了企业的创新。这种促进作用在高风险倾向高、盈利能力强、位于国家创新试点城市、属于高新技术产业的企业中更为明显。

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Impact of central bank forward guidance on corporate innovation: Perspectives from management confidence and bank credit availability

This study examines the impact of central bank forward guidance on corporate innovation at the micro-enterprise level. Findings reveal that positive sentiment in central bank forward guidance boosts management confidence and increases bank credit availability, promoting innovation in enterprises. This facilitating effect is stronger in enterprises with high propensity for risk-taking and strong profitability, situated in national innovative pilot cities, and belonging to high-tech industries.

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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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