Investment and financing constraints in China: does working capital management make a difference?

We use a panel of over 120,000 Chinese firms of different ownership types over the period 2000-2007 to analyze the linkages between investment in fixed and working capital and financing constraints. We find that those firms characterized by high working capital display high sensitivities of investm...

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书目详细资料
Main Authors: Ding, S, Guariglia, A, Knight, J
格式: Working paper
语言:English
出版: Department of Economics (University of Oxford) 2010

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