制度环境质量与亿万企业家的长寿

IF 1.9 Q2 BUSINESS, FINANCE

China Journal of Accounting Research Pub Date : 2023-03-01 DOI:10.1016/j.cjar.2022.100288

Bin Ke , Zengquan Li , Qing Ye

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引用次数: 0

摘要

以中国白手起家的亿万富翁企业家为代表，我们考察了制度环境质量对这些企业家寿命的影响。虽然产权机构和承包机构在解释宏观经济增长和小企业增长方面很重要，但我们没有发现任何证据表明它们与亿万富翁企业家的寿命有关。然而，我们发现获得资金对亿万富翁企业家的长寿很重要。我们的研究结果有助于更好地理解各种制度环境力量对亿万富翁企业家持续成功的相对重要性。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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Institutional environment quality and the longevity of billionaire entrepreneurs

Using self-made billionaire entrepreneurs in China as a proxy for large entrepreneurs, we examine the impact of institutional environment quality on the longevity of such entrepreneurs. While property rights institutions and contracting institutions are important in explaining macroeconomic growth and small firm growth, we find no evidence that they matter to the longevity of billionaire entrepreneurs. However, we find access to finance to be important to the longevity of billionaire entrepreneurs. Our results help better understand the relative importance of various institutional environment forces to the continuous success of billionaire entrepreneurs.

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来源期刊

China Journal of Accounting Research BUSINESS, FINANCE-

CiteScore

4.70

自引率

0.00%

发文量

295

审稿时长

15 weeks

期刊介绍： The focus of the China Journal of Accounting Research is to publish theoretical and empirical research papers that use contemporary research methodologies to investigate issues about accounting, corporate finance, auditing and corporate governance in the Greater China region, countries related to the Belt and Road Initiative, and other emerging and developed markets. The Journal encourages the applications of economic and sociological theories to analyze and explain accounting issues within the legal and institutional framework, and to explore accounting issues under different capital markets accurately and succinctly. The published research articles of the Journal will enable scholars to extract relevant issues about accounting, corporate finance, auditing and corporate governance related to the capital markets and institutional environment.