Li, F.-Y. and Yang, M.Z. (2015) Will Economic Policy Uncertainty Inhibit Corporate Investment?—An Empirical Study Based on China’s Economic Policy Uncertainty Index. Financial Research, No. 4, 115-129.

has been cited by the following article:

• TITLE: The Impact of Economic Policy Uncertainty on the Efficiency of Corporate Working Capital Management—The Evidence from China

  AUTHORS: Xi Cheng

  KEYWORDS: Economic Policy Uncertainty, Working Capital Management

  JOURNAL NAME: Modern Economy, Vol.10 No.3, March 21, 2019

  ABSTRACT: As China’s economic development has entered a new era, economic policy regulation has become more and more frequent. While the government transform and restructure the economic development pattern through policy regulation, the uncertainty brought by the policy also has a negative effect on the investment and operation of the private sector. However, working capital management, as an important part of enterprise operation, has received little attention. From the perspective of economic policy uncertainty, this paper uses a sample of the listed non-financial enterprises of Shanghai and Shenzhen stock markets from 2000 to 2010 to study the impact of uncertainty on the efficiency of enterprise working capital management. We found that uncertainty has a negative impact on the efficiency of working capital management.