The financing and investment crowding-out effect of zombie firms on non-zombie firms : evidence from China
Year of publication: |
2021
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Authors: | Wang, Yiqiu ; Zhu, Yunyi |
Published in: |
Emerging markets, finance & trade : a journal of the Society for the Study of Emerging Markets. - Abingdon, Oxon : Routledge, Taylor & Francis, ISSN 1558-0938, ZDB-ID 2095312-4. - Vol. 57.2021, 7, p. 1959-1985
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Subject: | Crowding-out effect | financing constraints | zombie firms | China | Unternehmensfinanzierung | Corporate finance | Verdrängungseffekt | Crowding out | Investition | Investment | Produktivität | Productivity | Investitionsentscheidung | Investment decision | Unternehmenserfolg | Firm performance | Betriebliche Liquidität | Corporate liquidity | Insolvenz | Insolvency |
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