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Purpose – This paper attempts to empirically examine the impact of financial development and bank characteristics on the operational performance of commercial banks in the Chinese transitional economy. Design/methodology/approach – Pooled cross-section (banks) and time-series data are...
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endogenous factors. We find that innovation efforts mainly led by increasing investment in Research & Development (R&D), along … with high liquidity, surely lead to good financial performance, whereas innovation efforts alone do not. Government support … common channel of R&D investment. Regional innovation capability has been revealed to be related to R&D investments, and …
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