Economic Policy Uncertainty and Corporate Financialization

The article selects listed companies in the non-financial and non real estate industries of China's A-share market from 2010 to 2020 as research samples empirically examine relationship between economic policy uncertainty faced by individual enterprises their financialization. Research has found that significantly suppresses level corporate financialization, social responsibility plays a negative moderating effect this process; results heterogeneity analysis show inhibitory on financialization is more pronounced central region state-owned enterprises. conclusion provides reference value for government prevent excessive economy.