Cai, Jing; Xu, Nan; Feng, Yuan; Gao, Nan - In: China journal of accounting studies 10 (2022) 1, pp. 26-48
Using a dataset of listed non-state-owned enterprises in China, we show that politically connected firms have a greater difficulty in obtaining trade credit than non-connected firms. This credit discrimination against politically connected firms strengthens when firms locate in regions with...
