Mechanism About Preferential Policies' On Investment Behavior Of The Agricultural Products Processing Listed Companies

Although China is a big country about agricultural production and consumption, the main agricultural products have been highest in the world, the structural problem of excess supply of agricultural products were still prominent for a long time. The development from agricultural products processing industry into industry lags behind, resulting in a small way of agricultural products, products with low value-added, agricultural products based on lack of stable industrial transformation, all this cause farmers to increase output without increasing revenue, and to slow down the process of industrialization of agriculture. Agricultural products processing enterprises in our country is still an urgent need from government to adopt preferential policies and other means for support. Recently, preferential policies on the profits of agricultural products processing listed companies, the capital of the pursuit of profit determines the attraction of the listed companies from preferential policies, direct impact on its investment behavior. However, some agricultural products processing listed companies use the funds to invest in a number of non-agricultural industries, which contrary to the government's intention to consolidate the status of agriculture as the foundation. How to guide the company have a rational investment under the preferential policies formulated by the state rather than embark on the road of non-agricultural expansion, which has important practical significance.This article is combined theoretical and empirical research methods in such a context, to analysis on investment behavior of listed companies from preferential policies. First of all, I will sort out the basic theory of investment behavior, to analyze preferential policies on investment behavior of listed companies from the theoretical analysis. Secondly, I will analyze the investment behavior of listed companies, at the same time, I will analyze the preferential policies, from a study of two different angles. Again, I will analyze the field's investment trends to understand the phenomenon "against the agriculture" that revealed the problem of investment trends, by 13 listed companies in the empirical analysis to reveal the effects. Finally, by empirical analysis results, the government should formulate preferential policies to a more directional processing of agricultural products listed companies to guide rational investment advice.