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Debt capacity, debt choice, and underinvestment problem : evidence from China
Bhat, Kalim-Ullah; Chen, Shihua; Chen, Yan; Jebran, Khalil - In: Economic research 33 (2020) 1,1, pp. 267-287
Persistent link: https://www.econbiz.de/10013173493
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Debt choice, growth opportunities and corporate investment : evidence from China
Ding, Ning; Bhat, Kalimullah; Jebran, Khalil - In: Financial innovation : FIN 6 (2020) 31, pp. 1-22
The study aims to investigate how relying on short-term debt may help Chinese listed firms to make efficient investment decisions and reduce overinvestment problem for low-growth firms. The study uses a large set of panel data of non-financial Chinese listed firms over the period 2007–2017...
Persistent link: https://www.econbiz.de/10012295993
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Debt choice, growth opportunities and corporate investment: Evidence from China
Ding, Ning; Bhat, Kalimullah; Jebran, Khalil - In: Financial Innovation 6 (2020) 1, pp. 1-22
The study aims to investigate how relying on short-term debt may help Chinese listed firms to make efficient investment decisions and reduce overinvestment problem for low-growth firms. The study uses a large set of panel data of non-financial Chinese listed firms over the period 2007-2017 and,...
Persistent link: https://www.econbiz.de/10012602869