Pessarossi, Pierre; Weill, Laurent - In: China Economic Review 26 (2013) C, pp. 1-16
economically driven. We test if central government ownership, flotation costs, asymmetries of information, and renegotiation and … liquidation costs influence the choice of debt. We find evidence in favor of the influence of central government ownership on the … in corporate debt choices compared to other countries, whereas central government ownership is a key determinant of …