Does zero-leverage policy increase inefficient investment? : from the perspective of lack of bank creditors
Wanli Li, (Xi’an Jiaotong University & Shanghai University of International Business and Economics, China), Zhen Huang, (Xi’an Jiaotong University, China), Weiwei Gao, (Xi’an Jiaotong University, China)
| Year of publication: |
November/December 2015
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|---|---|
| Authors: | Li, Wanli ; Huang, Zhen ; Gao, Weiwei |
| Published in: |
The journal of applied business research. - Littleton, Colo. : CIBER Research Inst., ISSN 0892-7626, ZDB-ID 1107555-7. - Vol. 31.2015, 6, p. 2237-2252
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| Subject: | Zero-leverage Policy | Lack of Bank Creditor | Inefficient Investment | Investition | Investment | Bank | Theorie | Theory | Allokationseffizienz | Allocative efficiency |