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