Results 11 to 20 of about 280 (183)
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
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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
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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
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Zombie Firms during and after Crisis
The phenomenon of zombie firms is gaining the attention of economists across different countries of the world; the increased interest is particularly evident after periods of economic crises. In our study, we focus on the development of zombie firms in the period before and after the 2008 crisis within two different economies, i.e., Germany and the ...
Ivana Blažková, Gabriela Chmelíková
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Zombie firms and economic stagnation in Japan [PDF]
It is often claimed that one contributing factor to Japan's weak economic performance over the past decade is that Japanese banks have continued to provide financial support for highly inefficient, debt-ridden companies, commonly referred to as ‘zombie’ firms.
Alan G. Ahearne, Naoki Shinada
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Unveiling living dead: characteristics and consequences of zombie firms
The increasing number of zombies is becoming a thread for industrial growth due to their inefficiency and lack of performance. Previous studies show that zombies inhibit the growth of non-zombies and prevent the emergence of new ones.
Sadia Rashid +3 more
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Features of the recovery of entrepreneurial activity in Russia in the context of sustainable economic development [PDF]
The author considers the restoration of entrepreneurial activity in the Russian economy as a factor of sustainable development. We consider data from August 2020 to August 2021 on the number of small and medium-sized enterprises and the number of their ...
Korchagina Irina
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How zombie firms affect healthy firms: The case of Portuguese trade sector
Zombie companies can be classified as being nonprofitable, having low productivity and being ten years old or over; these businesses continue to exist due to the support of banks and governments.
Armando da Silva, Ana Gonçalves
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The paper examines the impact of the COVID-19 pandemic on the economy and the corresponding atypical economic crisis, the role of the economic ability of the government during this crisis, aspects of financial support for the economy and the ...
V. Papava, M. Chkuaseli
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The COVID-19 Pandemic and Entrepreneurship in Germany
The COVID-19 pandemic severely affected not only incumbent firms, but also the emergence of start-ups. This paper investigates and analyzes the pandemic’s effect on new business formation, as well as business exits and insolvencies, in Germany.
Michael Fritsch +2 more
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