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The crowding-out effect of zombie companies on fixed asset investment: Evidence from China · Study

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ArticleThe crowding-out effect of zombie companies on fixed asset investment: Evidence from China

Meixu Ren2023

Article2023

The crowding-out effect of zombie companies on fixed asset investment: Evidence from China

Meixu Ren · Jinxuan Zhao · Jingmei Zhao

26 citations·0/0 files stored·Research in International Business and Finance

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Corporate Finance and Governance Firm Innovation and Growth Political Influence and Corporate Strategies

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References

1998Law and Finance 1997Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints?1987Financing Constraints and Corporate Investment 2004Political turnover and economic performance: the incentive role of personnel control in China 2011The Fundamental Institutions of China's Reforms and Development 2005Do Lenders Favor Politically Connected Firms? Rent Provision in an Emerging Financial Market 2011Creative accounting or creative destruction? Firm-level productivity growth in Chinese manufacturing 2008Zombie Lending and Depressed Restructuring in Japan

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Year2023

Typearticle

Published2023-04-01

VenueResearch in International Business and Finance

ISSN-L0275-5319

Languageen

Citations26

Files0 public / 0

ShelfCorporate Finance and Governance

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doi10.1016/j.ribaf.2023.101979

openalex_workW4367311047

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