major actor in China's domestic capital allocation, with an active role in strategic financing and restructuring of key …

This study examines the determinants of the restructuring of China's SOEs in the late 1990s. Our study yields four … force for managers of China's SOEs. Furthermore, we offer evidence that decisions about labor retrenchment in traditional …

Since 1978, the effects of China's state-owned enterprise reform have received extensive attention, but the causal … relationship between reform measures and profitability has rarely been verified. This study investigates the impact of China … privatization can enhance firm performance under China's ongoing mixed-ownership reform …

China could not have achieved its economic growth in a vacuum of legal development. But its legal system is facing … by this problem, and illustrate the ways in which China has developed unique market solutions to the informational … challenges faced by its legal system. Using the example of initial public offerings of equity securities by China's state owned …

in China's onshore bond markets by state-owned enterprises (SOEs) starting in 2015. We find that SOEs reduce their …

Studying China's credit market, we find improved price efficiency and, paradoxically, worsening segmentation as … in China …