Abstract
This paper analyzes the influence of regulatory policies on investment expenditures of real estate enterprises with the data of Chinese listed real estate enterprises. The results show that, the integral deflation policies prevent the investment expenditure of real estate enterprises in two aspects: supply effect and the demand effect. The influence of regulatory policies on state-owned listed real estate enterprises is mainly realized via demand effect, while that of non-state-owned real estate enterprises by two channels. Firstly, policies can influence the investment expenditure of real estate enterprises directly. Secondly, it can indirectly influence the investment expenditure by financing constraints.
Sign-in/Register to access full text options 
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
