Are zombie firms more incentivized to financialize?
This paper investigates whether zombie firms demonstrate a tendency to invest in the financial sector, a practice we term financialization strategy. Unlike those in the United States, Japan, and Europe, we find that zombie firms in China are not necessarily small and that they rely heavily on govern...
Guardado en:
Autores principales: | Haomin Wu, Meng Yang, Jun Gu |
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Formato: | article |
Lenguaje: | EN |
Publicado: |
Elsevier
2021
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Materias: | |
Acceso en línea: | https://doaj.org/article/ea0743924e2a45678ce949d49664cff4 |
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