Financial leverage is double-edged and has enormous influence on the performance of a company. China is a country where … relation in China? This paper examines whether affiliation with listed companies have impacts on firm financial leverage. Using …

access to bank financing, despite substantial reforms and growing competition in China's banking sector … China. Egocentric lending networks are constructed using the public loan announcements of firms listed on China's two stock … to the standard firm characteristics, suggesting that partly state-owned corporations in China still enjoy privileged …

The financing method of Chinese listed firms has been studied for a long time, but with inconclusive indications. This … relationship between financing deficit and long-term debt to capital ratio. The empirical analysis documents a positive … relationship between financing deficit and changes in the long-term debt ratio, which indicates, to some extent, that the pecking …