摘要
以我国汽车制造上市公司为样本,研究其营业费用、研发投入对企业绩效的影响。实证表明:(1)研发投入与企业绩效呈正相关关系且存在滞后性。(2)营业费用投入强度与当期的企业盈利能力成正相关关系。(3)营业费用能够对研发投入与企业绩效的关系具有正向调节效应。在此研究基础上,并提出健全研发机制、增加营业费用、适度优化资本结构。
Taking China's listed automobile manufacturing companies as samples,this paper studies the influence of operating expenses and R&D investment on enterprise performance.The empirical results show that:①There is a positive correlation between R&D investment and enterprise performance,and there is lag.②There is a positive correlation between the investment intensity of operating expenses and the profitability of enterprises in the current period.③Operating expenses can positively regulate the relationship between R&D investment and enterprise performance.On the basis of this research,it is proposed to improve the R&D mechanism,increase the operating expenses and optimize the capital structure appropriately.
作者
杨丽
YANG Li(School of Economics and Management,Northeast Petroleum University,Daqing 163318,China)
出处
《西部皮革》
2021年第19期39-43,共5页
West Leather
关键词
汽车行业
营业费用
研发投入
企业绩效
auto industry
operating expenses
research and development investment
corporate performance
