Liang, Shangkun; Dong, Qing; Sun, Shuwei - In: China journal of accounting studies 10 (2022) 3, pp. 323-344
Based on the data of A-share listed central state-owned enterprises (CSOEs) and non-state-owned listed companies in China from 2003 to 2019, we use propensity score matching and the difference-in-difference method to examine the impact of CSOEs' income distribution policy on corporate cash...