Do productive firms get external finance? Evidence from Chinese listed manufacturing firms
Due to information asymmetry problem in financial markets good quality firms often find it difficult to prove to external finance providers about their true quality and to distinguish themselves from bad quality firms. We argue that instead of sending indirect signals to financial market good qualit...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Elsevier Inc.
2020
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| Subjects: | |
| Online Access: | https://repo.uum.edu.my/id/eprint/27292/1/IRFA%2067%202019%201%2047.pdf |