| At present,China has become the second largest economy in the world,economic development has made remarkable achievements.However,the deep contradictions of agricultural development have become increasingly prominent,which restricts the sustainable development of China's economy.Agricultural investment belongs to the long-term process,agricultural company has its unique side,in recent years,the agricultural listed company is also facing many problems,low barriers to entry,competition,products affected by seasonal and other natural factors,development hindered.The agricultural listed company is the vanguard of agricultural production organization,leading the development direction of agricultural enterprises,undertaking the task of innovation and modernization,to improve the performance of agricultural enterprises has become the focus of the study of agricultural economy.In addition,it can not be ignored is that favor is an important attribute of China and plays an important role in all kinds of social affairs.Can not help but cause us to think about whether we can adapt to the Chinese customs to develop agricultural economy?In this context,it is the content of this paper That the relationship investment can maximize the interests of enterprises.This paper reviews the relevant literatures on the relationship between investment and enterprise performance.in the asymmetric information theory,principal-agent theory,investment theory,effective capital market theory,based on the signal transmission theory,the definition of agricultural listed companies,the relationship between investment and other related research concepts.Manual collection of CSMAR database and cninfo net of agriculture listed companies in China 2008-2015 data,including the relationship between the government and enterprises to invest,banks and enterprises the relationship between investment.enterprise and enterprise specific data relationship investment,the principal component analysis is used to construct the relational investment index,comprehensive measurement of the main relationship between investment,the establishment of empirical model,through descriptive statistical analysis.correlation analysis,multiple linear regression analysis.Systematic and comprehensive study of the effect of agricultural listed companies investment on corporate performance,but also to the nature of property rights and governance of corruption as a variable.to study the relationship between listed company investment in the agriculture adjustment effect on corporate performance.The results show that:first,the sample data shows that the agriculture listed companies in China have great instability in the specific dimensions of relationship investment,low profitability.Second,the relationship between investment and enterprise performance:first,the relationship between investment and corporate performance showed "U" type relationship,only in power enterprises relationship investment reached a certain proportion can contribute to business performance;the two is that the relationship between bank and enterprise investment and corporate performance is a significant negative correlation;three,the relationship between investment enterprises and corporate performance is significantly related to enhance their cooperation will promote the development of the enterprise;four,the relationship between investment corporate performance were significantly correlated.Third,the nature of ownership has a negative regulatory role in the investment process,the impact on business performance.In the resulting revelation:first,rational view the relationship between investment,to avoid the collapse effect.Second,a comprehensive understanding of the relationship between bank and enterprise investment,to build the core competitiveness.Third,the flexible use of the relationship between investment enterprises,enhance their negotiation skills.Fourth,to strengthen learning exchanges with foreign countries,adhere the to the guidelines of "go out and introduced". |