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In recent years, diverging demand and growth regimes have received greater scholarly attention. In particular, the intersection between different variants of Comparative Political Economy and the post-Keynesian macroeconomic analysis provides a promising avenue for understanding the main...
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This paper examines whether competition pressures enhance firms' incentives to hide profits. By developing a novel empirical procedure to trace out the extent of profit hiding at firm level and applying it to a database that covers more than 20,000 large-and-medium-sized industrial firms in...
Persistent link: https://www.econbiz.de/10012774436
The aim of this paper is to examine the relationship between supply network position and firm performance. A-share manufacturing companies listed from 2013 to 2015 are chosen as the initial samples, and large sample supply networks are constructed with relational embeddedness and structural...
Persistent link: https://www.econbiz.de/10012176129
on firms' capital investment. Using a value-maximising approach, we empirically model Chinese firms' fixed capital … investment recognising that this was a period of global instability caused by the Global Financial Crisis. Controlling for its …
Persistent link: https://www.econbiz.de/10012866108
This paper examines whether government intervention plays an important role in determining corporate investment … allocations and efficiency in China. We find that the government tends to intervene to promote corporate investment in fixed …&D investment. However, the effects of government intervention on such investment allocations are mainly found in local SOEs, rather …
Persistent link: https://www.econbiz.de/10012972616
We show that managerial career experiences have significant explanatory power for corporate investment decisions. We … managerial characteristic, as a natural experiment to test the impact on corporate investment. To establish causality, we use a … experiences, managerial characteristics can be formed and lead to attitude changes in investment activity. Chinese Reform and Open …
Persistent link: https://www.econbiz.de/10013045346