The environmental protection law and the zombie companies – evidence from a quasi-natural experimental method

ABSTRACTThis paper takes the public companies as a sample during 2012–2017, using DID analysis to test the relationship between 2015 new ‘Environmental Protection Law’ and zombie companies. The results show that the promulgation of the new environmental protection law has significantly negative with...

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Bibliographic Details
Main Authors: Donghua Zhou, Yuxiu Huang
Format: Article
Language:English
Published: Taylor & Francis Group 2023-04-01
Series:China Journal of Accounting Studies
Subjects:
Online Access:https://www.tandfonline.com/doi/10.1080/21697213.2023.2249041