Chinese firms' political connection, ownership, and financing constraints
Research output: Journal Publications and Reviews (RGC: 21, 22, 62) › 21_Publication in refereed journal › peer-review
Author(s)
Related Research Unit(s)
Detail(s)
| Original language | English |
|---|---|
| Pages (from-to) | 164-167 |
| Journal / Publication | Economics Letters |
| Volume | 115 |
| Issue number | 2 |
| 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
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.Research output: Journal Publications and Reviews (RGC: 21, 22, 62) › 21_Publication in refereed journal › peer-review
