%0 Journal Article %1 button2013power %A Beiheng, Zhang %D 2023 %J INTERNATIONAL JOURNAL OF TREND IN SCIENTIFIC RESEARCH AND DEVELOPMENT %K Corporate Eastern, Industry Regional and central, differences; prosperity; regions risk-taking; western %N 6 %P 442-447 %T Study on the Impact of Industry Prosperity on the Level of Corporate Risk Taking %U https://www.ijtsrd.com/management/accounting-and-finance/61201/study-on-the-impact-of-industry-prosperity-on-the-level-of-corporate-risk-taking/zhang-beiheng %V 7 %X Based on the principal agent theory, we construct a research framework of external environment—investment efficiency—corporate risk taking level. Utilizing data on industry prosperity from 2019 to 2023 and combining panel data on corporate risk taking levels in the eastern, central, and western regions of China, we employ a multi time point DID model for OLS regression to analyze the impact of industry prosperity on the level of corporate risk taking under regional differences. The results indicate 1 Companies in industries with higher prosperity tend to have higher investment efficiency and more stable revenue, leading to lower levels of corporate risk taking 2 Higher market freedom weakens the influence of industry prosperity on the local corporate risk taking level 3 The degree of market liberalization in the eastern, central, and western regions of China is gradually decreasing, making the impact of industry prosperity on the risk taking level of companies highest in the western region, followed by the central region, and the eastern region experiencing the smallest impact. Zhang Beiheng "Study on the Impact of Industry Prosperity on the Level of Corporate Risk Taking" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-7 | Issue-6 , December 2023, URL: https://www.ijtsrd.com/papers/ijtsrd61201.pdf Paper Url: https://www.ijtsrd.com/management/accounting-and-finance/61201/study-on-the-impact-of-industry-prosperity-on-the-level-of-corporate-risk-taking/zhang-beiheng

@article{button2013power, abstract = {Based on the principal agent theory, we construct a research framework of external environment—investment efficiency—corporate risk taking level. Utilizing data on industry prosperity from 2019 to 2023 and combining panel data on corporate risk taking levels in the eastern, central, and western regions of China, we employ a multi time point DID model for OLS regression to analyze the impact of industry prosperity on the level of corporate risk taking under regional differences. The results indicate 1 Companies in industries with higher prosperity tend to have higher investment efficiency and more stable revenue, leading to lower levels of corporate risk taking 2 Higher market freedom weakens the influence of industry prosperity on the local corporate risk taking level 3 The degree of market liberalization in the eastern, central, and western regions of China is gradually decreasing, making the impact of industry prosperity on the risk taking level of companies highest in the western region, followed by the central region, and the eastern region experiencing the smallest impact. Zhang Beiheng "Study on the Impact of Industry Prosperity on the Level of Corporate Risk Taking" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-7 | Issue-6 , December 2023, URL: https://www.ijtsrd.com/papers/ijtsrd61201.pdf Paper Url: https://www.ijtsrd.com/management/accounting-and-finance/61201/study-on-the-impact-of-industry-prosperity-on-the-level-of-corporate-risk-taking/zhang-beiheng }, added-at = {2024-01-23T11:10:16.000+0100}, author = {Beiheng, Zhang}, biburl = {https://www.bibsonomy.org/bibtex/2c4512333e6019624c15455163fbf4581/ijtsrd}, description = {Power failure: why small sample size undermines the reliability of neuroscience : Article : Nature Reviews Neuroscience}, interhash = {ec7b80e8e1cac6bdc96842c2488cd23d}, intrahash = {c4512333e6019624c15455163fbf4581}, issn = {2456-6470}, journal = {INTERNATIONAL JOURNAL OF TREND IN SCIENTIFIC RESEARCH AND DEVELOPMENT}, keywords = {Corporate Eastern, Industry Regional and central, differences; prosperity; regions risk-taking; western}, language = {english}, month = dec, number = 6, pages = {442-447}, timestamp = {2024-01-23T11:10:16.000+0100}, title = {Study on the Impact of Industry Prosperity on the Level of Corporate Risk Taking }, url = {https://www.ijtsrd.com/management/accounting-and-finance/61201/study-on-the-impact-of-industry-prosperity-on-the-level-of-corporate-risk-taking/zhang-beiheng}, volume = 7, year = 2023 }