抽象的

The impact of overseas listing on total factor productivity based on DEA-Malmquist index measurement

Qiang Fu, Xing Liu

In this paper, we measure the productivity change of Chinese entrepreneurial enterprises listed on NASDAQ and on GEM, and then examine the influence of overseas listing on the productivity through the contrast of the both. The results show that, compared with enterprises listed on GEM, companies listed on NASDAQ have a higher total factor productivity and innovation ability due to the binding effect and investor protection mechanisms of overseas Listing