Xiuli, Zhu; Li, Lianjun; Xue, Yunkui - In: China journal of accounting research : CJAR 5 (2012) 3, pp. 217-229
This paper investigates credit allocation before and after the 2003 banking system reform in China. We find that … significantly after the banking system reform, especially in state-owned listed companies. Further investigation shows that due to … findings enhance our understanding of the economic consequences of the banking system reform and of credit discrimination under …