We explore the relation between government integrity and firms' investment efficiency in the context of China … with the investment efficiency of listed companies in China. Government integrity is negatively related to corporate …. This study enriches research on corporate investment by adopting the perspective of government integrity, and supplements …

2395 listed companies in China from 2007 to 2020, we examine the investment efficiency of this ownership practice on … relationship with corporate investment efficiency by reducing overinvestment. Further institutional heterogeneity analysis reveals … effect of common institutional ownership on enterprises' investment efficiency is stronger. The empirical results are …

This study investigates the impact of investment efficiency on firm value with a moderating role of institutional … tool of comparison. The results show that investment efficiency has an impact on firm value. In addition, institutional … ownership and board independence moderate this impact. There is a gap between the impact of investment efficiency on firm value …

Our research tests the difference in investment efficiency between state-owned enterprises (SOEs) and private firms and … then evaluates the effect of privatisation and equitisation policies on the investment efficiency of former state owned … spending. We find no evidence of investment spending being linked to marginal returns by SOEs across all sectors and size …