Results 1 to 10 of about 198 (104)
Like the new and hate the old: The impact of fiscal decentralization on regional development strategy. [PDF]
This paper evaluates the impact of China's fiscal decentralization reform, namely the "Province-Managing-County" (PMC) fiscal reform, on local governments' regional development strategy using county-level data in China covering 2000 to 2013. Surprisingly,
Min Liu, Feng Gong, Wenjing Song
doaj +3 more sources
The impact of mixed-ownership reform on zombie firms: Evidence from Chinese listed SOEs. [PDF]
Clearing out zombie firms is a critical challenge for both developed and developing countries. This article draws upon data from Chinese listed SOEs to examine the impact of mixed-ownership reform on zombie firms.
Yufei Yin, Kexin Cao
doaj +2 more sources
One of the most important tasks in China’s supply-side structural reform is to effectively clean up zombie firms. Using industrial firm-level data in China from 1998 to 2007, we identified zombie firms in Chinese industrial sectors.
Deng Ming, Wang Jinbo
doaj +2 more sources
Firms’ participation in the Swiss COVID-19 loan programme [PDF]
This paper analyses the determinants of firm participation in the Swiss COVID-19 loan programme, which aims to bridge firms’ liquidity shortfalls that have resulted from the pandemic.
Lucas Marc Fuhrer +2 more
doaj +2 more sources
Do regional tax incentive policies improve productivity? [PDF]
The difficulty in transforming old industrial areas constitutes a significant factor contributing to regional development imbalances. Can regional tax incentives, as a crucial component of regional policies, polish the "rust belt" regions?
Mengchao Zhao +3 more
doaj +2 more sources
Evidences and Determinants of Zombie Firms: Implication on Economic Growth [PDF]
The study examined determinants of zombie firms using a sample of seventy five (75) listed non- financial firms in Nigeria. The correlation statistics, panel fully modified ordinary least squares (FMOLS) and panel ordinary least squares estimation ...
Felicia Anikpe NAIMO +1 more
doaj +1 more source
Long shadows of the walking dead on economic activity
This paper presents the panorama of zombie firms in the Turkish economy, which are highly inefficient, highly indebted firms that have low or sometimes negative productivity, and provides an analysis of the impact of these firms on economic activity for ...
N. Nergiz Dincer +2 more
doaj +1 more source
Are zombie firms more incentivized to financialize?
This paper investigates whether zombie firms demonstrate a tendency to invest in the financial sector, a practice we term financialization strategy.
Haomin Wu, Meng Yang, Jun Gu
doaj +1 more source
The Role of Different Types of Creditors on Zombie Firm Creation
Despite the key role of trade creditors as sources of finance, the literature on their impact on the proliferation of zombie firms is rare. This study examines whether suppliers, such as banks, engage in “evergreen” lending to zombie firms and whether ...
Carlos Carreira, Joana Lopes
doaj +1 more source
The development of the regional economy is of major concern against the backdrop of the “new normal.” As a problem that has persisted in China for decades, zombie firms have a negative impact on regional and industrial sustainable development. This study
Haijing Wang, Yusheng Kong, Junguo Shi
doaj +1 more source

