Effects of Financial Market Information on Firms’ Productivity Under Operating Pressure and Financial Constraints: Evidence From the Chinese Stock Market

Many studies have examined the impact of economic fundamentals on the financial market, but few have explored how financial market information affects the real economy. In this paper, we examine the effects of stock price informativeness on firms’ total factor productivity (TFP) using panel data of...

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Bibliographic Details
Main Authors: Fujun Lai, Sha Zhu, Qingxiang Feng, Yi Yao
Format: article
Language:EN
Published: SAGE Publishing 2021
Subjects:
H
Online Access:https://doaj.org/article/4ff33d374b99438b97f2f8a45f03787d
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