Zombie firms and resource allocation: research trends and developments during the spread of COVID-19

We identify so-called “zombie firms,” which survive with banks’ and governments’ support despite performing poorly without the prospect of recovery, using firms’ financial data. We set the criteria of the zombie firms by arranging methodologies proposed by the existing studies. It mainly focuses on...

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Bibliographic Details
Main Authors: Kotone Yamada, Yukio Minoura, Jouchi Nakajima, Tomoyuki Yagi
Format: Article
Language:English
Published: Taylor & Francis Group 2025-12-01
Series:Journal of Applied Economics
Subjects:
Online Access:https://www.tandfonline.com/doi/10.1080/15140326.2024.2410625
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