Empirical Study on the Effect of Social Security Fund Shareholding on Semiconductor Company Performance
Along with the development of China's capital market,the social security fund actively invests in the pursuit of high returns,and its stable investment style has attracted much attention.This paper studies the effect of the shareholding of the social security fund on the performance of semiconductor companies,and finds that the performance of the semiconductor companies held by the social security fund is better,and the impact on large companies is more significant.Based on the data of A-share listed companies in semiconductor industry from 2013 to 2023,the conclusions are drawn through multiple regression analysis and tested for robustness.As a special institutional investor,the social security fund has a positive impact on the performance of semiconductor companies,which is of great significance to the development of the industry.
social security fundcorporate performancesemiconductor industry