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How Does Increased Private Ownership Affect Financial Leverage, Asset Quality and Profitability of Chinese SOEs?
This paper uses the “Chinese ownership reforms in 2013” as a natural experiment to test how increased private ownership affects financial leverage, asset quality and profitability of SOEs (state-owned enterprises). The PSM-DID model is conducted using the panel data of SOEs from 2010 to 2018. Result...
Autores principales: | , , , |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
Springer Singapore
2020
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Materias: | |
Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7472947/ http://dx.doi.org/10.1007/s41111-020-00158-x |