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1. Actual controller’s foreign residency and firm leverage: evidence from China

Author

Elaine (Chang) Liu, Timothy Lu, and Jinjuan Ren

Subjects
Economics and Econometrics, 050208 finance, Leverage (finance), 0502 economics and business, 05 social sciences, Business, 050207 economics, China, Industrial organization
Abstract

We investigate how the characteristics of firms’ actual controllers influence firms’ access to external finance. Using hand-collected data of actual controllers of Chinese firms, we find that firms...

Published
2020
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