Do Government Subsidies Increase the Enterprises Performance of Agribusinesses?Based on the Mediating Effect of Financing Constraints
As the main force of agricultural industry development,agricultural listed companies are an important power engine to promote rural revitalization.Based on this,focusing on the performance improvement of agricultural listed companies in the rural revitalization strategy,the mechanism of financing constraints in the process of government subsidies affecting corporate performance was further explored.The research results show that there is a significant positive correlation between government subsidies and corporate performance of agricultural listed companies in China.Financing constraints have a positive effect on corporate performance.At the same time,financing constraints play an intermediary role in the relationship between government subsidies and corporate performance improvement,and the degree of significance of the effect is a partial intermediary effect.
government subsidiesfinancing constraintsenterprise performancemediation effect
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