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Informal finance plays an important role in transitional economies with weak legal institutions, like China. As a major …

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We investigate informal financing such as trade credit in China. The credit for both state-owned enterprises (SOEs) and …

Persistent link: https://www.econbiz.de/10012866287

Cao, Chunfang - 2017

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Persistent link: https://www.econbiz.de/10012969165

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Using a dataset of listed non-state-owned enterprises in China, we show that politically connected firms have a greater …

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