Search Results - subject:"capital allocation efficiency"

What do interest rates reveal about the stock market? : a noisy rational expectations model of stock and bond markets

Breugem, Matthijs; Buss, Adrian; Peress, Joël - 2021

Persistent link: https://www.econbiz.de/10012433554

Financial structure and capital allocation efficiency : an empirical analysis of China from 2005-2018

Xu, Yong; Zhao, Xin; Zhou, Xiaoxiao; Yuan, Ling - In: Applied economics 53 (2021) 29, pp. 3347-3358

Persistent link: https://www.econbiz.de/10012589459

Measurement of capital allocation efficiency in emerging economies : evidence from China

Zhang, Shangfeng; Chen, Congcong; Xu, Siwa; Xu, Bing - In: Technological forecasting & social change : an … 171 (2021), pp. 1-9

Persistent link: https://www.econbiz.de/10012813345

Investment efficiency of firms outside the business group

Liu, Yunxiao; Kim, Woochan; Sung, Tae Yoon - In: The journal of corporate finance : contracting, … 71 (2021), pp. 1-27

Persistent link: https://www.econbiz.de/10013169787

Strong shareholder rights, internal capital allocation efficiency, and the moderating role of market competition and external financing needs

Sturm, Maximilian; Nüesch, Stephan - In: Review of managerial science 13 (2019) 1, pp. 93-111

Persistent link: https://www.econbiz.de/10011979662

Financial Development, Foreign Direct Investment, and the Efficiency of Capital Allocation in China

Huang, Kevin X. D.; Jiang, Chun; Li, Qingyuan; Zhao, Qiwei - In: Frontiers of Economics in China 8 (2013) 2, pp. 165-185

We study the roles of local financial development and foreign direct investment, and more importantly, their interaction with one another, in local capital allocation, based on Chinese industrial and regional data. Our main finding is that, although local financial development and FDI each...

Persistent link: https://www.econbiz.de/10010888568

Diversification discount over the long run : new perspectives

Mazur, Mieszko; Zhang, Shage - In: Finance research letters 15 (2015), pp. 93-98

Persistent link: https://www.econbiz.de/10011552980

Political Connections and the Efficiency of Capital Allocation Through Bond Financing in Chinese Listed Companies

Zhao, Xiaoqin; Wan, Difang; Xu, Hao - In: Emerging Markets Finance and Trade 49 (2013) S2, pp. 158-170

whether and how political connections influence the companies' capital allocation efficiency. The authors show that … politically connected firms have significantly lower capital allocation efficiency, especially in the case of overinvestment …

Persistent link: https://www.econbiz.de/10010680847

Political connections and the efficiency of capital allocation through bond financing in Chinese listed companies

Zhao, Xiaoqin; Wan, Difang; Xu, Hao - In: Emerging markets finance & trade : a journal of the … 49 (2013), pp. 158-170

Persistent link: https://www.econbiz.de/10009781374