Political Connections, Debt Restructuring, and Enterprise Investment: Evidence from China

This paper shows that the link between debt restructuring and enterprise investment in emerging economies hinges critically on the political connections. Taking Chinese A-share listed enterprises from 2005 to 2016 as samples, we examine whether and how political connections affect the relationship b...

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Bibliographic Details
Main Authors: Xinlin Mo, Jinglu Jiang
Format: Article
Language:English
Published: Wiley 2020-01-01
Series:Discrete Dynamics in Nature and Society
Online Access:http://dx.doi.org/10.1155/2020/5041768
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