1247 
1630发展混合所有制经济是国家在新时期深化国有企业改革与提高市场化程度的重要举措，而投资灵活性是对公司投资决策机制市场化程度的反映。文章研究发现，混合所有制改革可以显著提高国有上市公司的投资灵活性。机制分析表明，混合所有制改革对公司投资灵活性的影响源于改革过程中的两种效应，即治理提升效应和资源抑制效应，前者总体上占优于后者。混合所有制改革最终提高了国有企业的实物期权价值和总体市场价值。文章的研究从市场化投资机制的视角增进了对国企混改经济后果的理解，也为政府部门进一步深化国有企业改革与发展混合所有制经济提供了参考。
国企混改与投资灵活性
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彭牧泽, 靳庆鲁. 国企混改与投资灵活性[J]. 财经研究, 2024, 50(3): 109-121.
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