Lu, Ding; Thangavelu, Shandre; Hu, Qing - In: Journal of Development Studies 41 (2005) 6, pp. 1071-1091
This article uses a panel data set of public listing companies in China empirically to explore the relationship between banks' lending behaviour and non-performing loans. Our results show that state-owned enterprises (SOEs) got more loans than other firms, other things being equal, and SOEs with...