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This paper provides a first look at the ownership structure in the Growth Enterprise Market (GEM) of China which is a …
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paper explores how Japanese enterprises adjust ownership structures in their affiliates as a portfolio in China. Empirical … results show that: both demand uncertainty and industry growth opportunity in China enhance Japanese enterprises' ownership …
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The rapid accumulation of private debt is widely viewed as a major risk to financial and economic stability. This paper systematically and comprehensively assesses the effect of private debt buildup on economic growth. In the spirit of Mian, Sufi, and Verner (2017) that separately examine the...
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