Yang, Yudi; Qi, Yong; Yang, Shuo - In: Journal of Business Economics and Management (JBEM) 22 (2021) 6, pp. 1633-1654
This study tests how different types of government funding affect the recovery of zombie enterprises in the manufacturing sector of China. The results show that funding for production and innovation can revive zombie enterprises in expanding industries, while funding for interest cannot....
