Results 201 to 210 of about 1,189,173 (236)

A Model of Zombie Firms and the Perils of Negative Real Interest Rates

Journal of Political Economy Macroeconomics
I develop a continuous-time, competitive model of zombie firms—firms with negative fundamental values but positive market prices. Firms finance negative cash flows by issuing equity shares that are acquired by households that lack commitment but want to ...
G. Rocheteau
semanticscholar   +1 more source

You play the bad guy: how foreign direct investment affects zombie firms in China

Journal of the Asia Pacific Economy
This paper investigates the impact of foreign direct investment (FDI) on zombie firms at both the macro and micro levels, revealing a significant negative effect on their prevalence at the city level.
Kaibin Yuan, Tong Lin, Lisha Li, Xiaoxiao He, Yi Chen   +4 more
semanticscholar   +1 more source

Throwing good money after bad: Zombie lending and the supply chain contagion of firm exit

, 2021
Yunhao Dai, Xuchao Li, Dinghuan Liu, Jiankun Lu   +3 more
semanticscholar   +1 more source

FinTech Can Prevent the Formation of Zombie Firms: Evidence from China

Social Sciences in China
The interplay between financial technology (FinTech) and real economy firms has garnered considerable attention. This paper explores the relationship and mechanism between FinTech and corporate zombification using the data of Chinese A-share listed firms
Jiatong Jiang, Yang Lu, Zhentao Yin
semanticscholar   +1 more source

Zombie Firms and Markups

Journal of Industrial Economics and Business, 2021
openaire   +1 more source

Fictitious Capital, Valorisation, Zombie-Firms

2023
In the years leading up the 2008-09 crisis, the leverage ratio has increased. At the end of Q3 2020, the IMF’s Global Debt Database shows that total global debt reached US$275 tn. A not insignificant part of this debt is fictitious capital. Usually, a share of the global capital stock is inactive, while the remainder is valorised at a low profit rate ...
openaire   +1 more source

The deflationary risk of zombie firms

The deflationary risk of zombie firms: Evidence from China's listed ...
openaire   +1 more source

Industrial Policy, Productivity and Zombie Firms

SSRN Electronic Journal, 2021
Shaoqing Huang, Weisi Xie, Xiaoshu Xu
openaire   +1 more source

Tax incentives and the formation of zombie firms

Applied Economics Letters, 2022
Shuo Yang, Yong Qi, Yudi Yang
openaire   +1 more source

Distressed firms, zombie firms and zombie lending: A taxonomy

Journal of Banking and Finance, 2023
MIGUEL Garcia-Posada, Sérgio Mayordomo   +1 more
exaly