Chinese firms' political connection, ownership, and financing constraints
Research output: Journal Publications and Reviews › RGC 21 - Publication in refereed journal › peer-review
Author(s)
Related Research Unit(s)
Detail(s)
Original language | English |
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Pages (from-to) | 164-167 |
Journal / Publication | Economics Letters |
Volume | 115 |
Issue number | 2 |
Online published | 16 Dec 2011 |
Publication status | Published - May 2012 |
Link(s)
Abstract
We empirically examine some listed Chinese firms' political connection, ownership, and financing constraints. Politically-connected firms display no financing constraints whereas firms without connection experience significant constraints. Non-connected family-controlled firms bear greater constraints than non-connected state-owned firms. © 2011 Elsevier B.V.
Research Area(s)
- Chinese firms, Financing constraints, Investment, Ownership, Political connection
Bibliographic Note
Full text of this publication does not contain sufficient affiliation information. With consent from the author(s) concerned, the Research Unit(s) information for this record is based on the existing academic department affiliation of the author(s).
Citation Format(s)
Chinese firms' political connection, ownership, and financing constraints. / Chan, Kenneth S.; Dang, Vinh Q.T.; Yan, Isabel K.M.
In: Economics Letters, Vol. 115, No. 2, 05.2012, p. 164-167.
In: Economics Letters, Vol. 115, No. 2, 05.2012, p. 164-167.
Research output: Journal Publications and Reviews › RGC 21 - Publication in refereed journal › peer-review