Nie, Huihua; Zhao, Huainan - Volkswirtschaftliche Fakultät, … - 2013
China’s coalmining fatalities were 140 times higher than the U.S. in the last decade. To shed light on this issue, we form and examinea unique panel dataset of 25,387 firm-year observations for China’s coalmining industry. We show that a firm’s leverage significantly determines its...