Wang, Yulan; Dou, Xiaochen; Liu, Zhiyi - In: China journal of accounting studies 10 (2022) 2, pp. 174-202
study examines how mixed-ownership reform affects the deleveraging behaviour of state-owned enterprises (hereafter, SOEs … find that mixed-ownership reform increases deleveraging SOEs’ operating performance. The results suggest that mixed-ownership … reform can efficiently promote the deleveraging behaviour of SOEs in positive ways. …