Ng Sin Huei; Yang, Yunze; Lee, Chin-Chong; Chui Zi Ong - In: International Journal of Financial Studies : open … 11 (2023) 3, pp. 1-16
chain finance (SCF) in alleviating those constraints, with the focus on a large emerging market: China. Using the panel data … listed SMEs in China show significant cash–cash-flow sensitivity, and financing constraints are prevalent. We document that … difficulties of SMEs in China at present, with much of the extant literature concentrating only on specific financing mechanisms …
