An Analysis of Influencing Factors of Listed Companies' Investment Decision-making

Analyzing the influencing factors of investment decision-making is expected to ensure the optimal effects of listed companies' investment decisions, so as to promote the development of companies. Recently, the analysis of influencing factors of listed companies' investment decisions has been far from extensive and in-depth, mainly due to asymmetric information, procuration and financial constraints. It is clearly stated in this paper that the objective of investment by listed companies is shareholder wealth maximization. This paper has an in-depth analysis of the influencing factors, from four perspectives, including macroeconomic perspective, industry development perspective, management perspective, and integrity perspective.