Wang, Yizhong; Chen, Carl R.; Huang, Ying Sophie - In: Pacific-Basin Finance Journal 26 (2014) C, pp. 227-243
This paper studies how economic policy uncertainty influences corporate investment for Chinese listed companies. We … show that when the degree of economic policy uncertainty is higher, firms stand to lower their investment and vice versa … negative effect of policy uncertainty on corporate investment. Moreover, firms in regions with higher degree of marketization …