Can government funding revive zombie enterprises? Evidence from listed Chinese manufacturing enterprises

This study tests how different types of government funding affect the recovery of zombie enterprises in the manufacturing sector of China. The results show that funding for production and innovation can revive zombie enterprises in expanding industries, while funding for interest cannot. Furthermore...

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Bibliographic Details
Main Authors: Yudi Yang, Yong Qi, Shuo Yang
Format: article
Language:EN
Published: Vilnius Gediminas Technical University 2021
Subjects:
Online Access:https://doaj.org/article/e2842a5b8ad0428ba00bd58d683a5da4
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