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

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

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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...

書誌詳細
主要な著者:	Ding, S, Guariglia, A, Knight, J
フォーマット:	Working paper
言語:	English
出版事項:	Department of Economics (University of Oxford) 2010

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