Vol. 1 (2022)
Issue 1 (December) 10.58567/fel01010004
The impact of economic policy uncertainty on the profitability of China’s listed export enterprises
Finance and Economics College, Jimei University, Xiamen, China
Author to whom correspondence should be addressed.
Received: 11 November 2022 / Accepted: 25 December 2022 / Published: 27 December 2022
Based on the empirical data of 6110 listed export companies in China from 2010 to 2019, this paper studies the impact of China's economic policy uncertainty (EPU) index on the profitability of listed companies from the specific perspective of export companies, and analyzes the moderating effects of different factors on this impact. The results show that China's EPU index has a significant negative impact on the profitability of listed export companies, and the increase in R&D investment and wage returns will aggravate this negative impact. In addition, listed export enterprises with different enterprise characteristics have different responses to EPU. State-owned enterprises and enterprises located in coastal areas are relatively less negatively affected by EPU.
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Zheng, L. The impact of economic policy uncertainty on the profitability of China’s listed export enterprises.
Financial Economics Letters, 2022, 1, 4. https://doi.org/10.58567/fel01010004
Zheng L. The impact of economic policy uncertainty on the profitability of China’s listed export enterprises.
Financial Economics Letters; 2022, 1(1):4. https://doi.org/10.58567/fel01010004
Zheng, Liping 2022. "The impact of economic policy uncertainty on the profitability of China’s listed export enterprises"
Financial Economics Letters 1, no.1: 4. https://doi.org/10.58567/fel01010004
Zheng, L. (2022). The impact of economic policy uncertainty on the profitability of China’s listed export enterprises.
Financial Economics Letters, 1(1), 4. https://doi.org/10.58567/fel01010004
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