Mixed-ownership reform and deleveraging of state-owned enterprises: Degree and methods

ABSTRACTBased on data of state-owned enterprises listed on the Shanghai and Shenzhen Stock Exchange from 2007 to 2018, this study examines how mixed-ownership reform affects the deleveraging behaviour of state-owned enterprises (hereafter, SOEs). We find that the higher the degree of equity balance...

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Bibliographic Details
Main Authors: Yulan Wang, Xiaochen Dou, Zhiyi Liu
Format: Article
Language:English
Published: Taylor & Francis Group 2022-04-01
Series:China Journal of Accounting Studies
Subjects:
Online Access:https://www.tandfonline.com/doi/10.1080/21697213.2022.2082723