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Bank Competition, Zombie Firms, and the Cost of Debt for Healthy Firms

In recent years, the persistence of zombie firms has emerged as a critical challenge for financial market efficiency in emerging economies. This paper investigates the impact of zombie firm presence on the cost of debt of healthy firms, using data from A-share listed firms in China over the period 2007 to 2022. The results demonstrate that zombie firms
Xiaodan Li, Hong Wang
openaire   +1 more source

How do zombie firms affect the financialization of normal firms?

Applied Economics Letters, 2022
Yong Qi   +3 more
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The Effects of Zombie Firms on the Financial Information Transparency of Other Firms

Emerging Markets Finance and Trade, 2021
Haishan Yu, Xiaowen Liu, Yisihong Zhou
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The Rise of the Walking Dead: Zombie Firms Around the World

Journal of International Economics, 2023
Bruno Albuquerque, Roshan Iyer
openaire   +1 more source

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