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This paper investigates the effect of government subsidies on the performance of new energy companies. An empirical analysis using data from Chinese A-share listed new energy firms and companies of other industries under standard classification of industries by China Securities and Regulatory Commission and a case study of GCL-Poly are

This paper investigates the effect of government subsidies on the performance of new energy companies. An empirical analysis using data from Chinese A-share listed new energy firms and companies of other industries under standard classification of industries by China Securities and Regulatory Commission and a case study of GCL-Poly are combined. The result shows that government subsidies have negative effects on new energy companies' performance and their R&D intensity.
ContributorsCao, Li (Author) / Barrett, The Honors College (Contributor)
Created2017-12