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Using the context of the financial reform and the development of the non-state sector in China in the past decade, we examine the roles that the quality of information disclosure and property rights play in the allocation of different types of bank credit. We find that foreign banks and policy...
Persistent link: https://www.econbiz.de/10012621017
We investigate monetary policy effects on corporate investment adjustment, using a sample of China's A-share listed firms (2005-2012), under an asymmetic framework and from a monetary policy transmission channel perspective. We find that corporate investment adjustment is faster in expansionary...
Persistent link: https://www.econbiz.de/10011937006
This study investigates the effects of bank equity connections and intellectual property protection on enterprises' innovation behavior, and the regulating effect of intellectual property protection on the relationship between bank equity connections and innovation. In general, bank equity...
Persistent link: https://www.econbiz.de/10011937023