This study employs spatial econometric techniques to examine the heterogeneous effects of foreign direct investment (FDI) on industrialization across China's four major regions - East, Central, West, and Northeast - using panel data from 31 provinces (1998-2016). Our findings reveal significant...

We examine how the policies of Chinese regional governments affect the investment location decisions of firms. Using a dataset compiled from the reports on the investment decisions of 498 listed Chinese companies headquartered in the provinces of Guangdong, Jiangsu, Shanghai, and Zhejiang, we...

The question of whether corporate debt can impact free-floating shares and stock liquidity is still a controversial research topic until recently. Using a sample of the 411 largest US non-financial firms over the period 2007-2017, our analysis shows that more corporate debt weakens the influence...