IDEAS home Printed from https://ideas.repec.org/r/eee/jcecon/v36y2008i1p90-102.html
   My bibliography  Save this item

Policy burden, privatization and soft budget constraint

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as


Cited by:

  1. Yasuyuki Todo & Tomohiko Inui & Yuan Yuan, 2014. "Effects of Privatization on Exporting Decisions: Firm-level Evidence from Chinese State-owned Enterprises," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 56(4), pages 536-555, December.
  2. Wang, Wei & Wang, Hua & Wu, Ji (George), 2021. "Mixed ownership reform and corporate tax avoidance: Evidence of Chinese listed firms," Pacific-Basin Finance Journal, Elsevier, vol. 69(C).
  3. Dai, Yun & Li, Xuchao & Liu, Dinghua & Lu, Jiankun, 2021. "Throwing good money after bad: Zombie lending and the supply chain contagion of firm exit," Journal of Economic Behavior & Organization, Elsevier, vol. 189(C), pages 379-402.
  4. Ernesto Crivelli & Klaas Staal, 2010. "Nationalizations and Efficiency," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 16(2), pages 239-240, May.
  5. Chen, Shihua & Ye, Yan & Jia, Fei & Wang, Chengqi, 2022. "Accounting for the role of culture in board directors’ dissent," Research in International Business and Finance, Elsevier, vol. 61(C).
  6. Kun Su & Rui Wan & Victor Y. Song, 2018. "Pyramidal structure, risk‐taking and firm value: Evidence from Chinese local SOEs," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 26(3), pages 401-427, July.
  7. Zhang, Min & M, Lijun & Zhang, Bo & Yi, Zhihong, 2016. "Pyramidal structure, political intervention and firms' tax burden: Evidence from China's local SOEs," Journal of Corporate Finance, Elsevier, vol. 36(C), pages 15-25.
  8. Jingxian Zou & Guangjun Shen, 2023. "The impact of tax policy on firm debt maturity: Evidence from China's VAT reform," Economics of Transition and Institutional Change, John Wiley & Sons, vol. 31(2), pages 295-317, April.
  9. Zhao, Yan & Su, Kun, 2022. "Economic policy uncertainty and corporate financialization: Evidence from China," International Review of Financial Analysis, Elsevier, vol. 82(C).
  10. Xunan Feng & Anders C. Johansson, 2017. "CEO Incentives in Chinese State-Controlled Firms," Economic Development and Cultural Change, University of Chicago Press, vol. 65(2), pages 223-264.
  11. Teklay, Belaynesh & Yu, Wei & Zhu, Keying, 2024. "The effect of superstitious beliefs on corporate investment efficiency: evidence from China," International Review of Economics & Finance, Elsevier, vol. 92(C), pages 1434-1447.
  12. Justin Lin & David Rosenblatt, 2012. "Shifting patterns of economic growth and rethinking development," Journal of Economic Policy Reform, Taylor and Francis Journals, vol. 15(3), pages 171-194.
  13. Alexander Ljungqvist & Donghua Chen & Dequan Jiang & Haitian Lu & Mingming Zhou, 2015. "State Capitalism vs. Private Enterprise," NBER Working Papers 20930, National Bureau of Economic Research, Inc.
  14. Shen, Guangjun & Chen, Binkai, 2017. "Zombie firms and over-capacity in Chinese manufacturing," China Economic Review, Elsevier, vol. 44(C), pages 327-342.
  15. Shibata, Takashi & Nishihara, Michi, 2011. "Interactions between investment timing and management effort under asymmetric information: Costs and benefits of privatized firms," European Journal of Operational Research, Elsevier, vol. 215(3), pages 688-696, December.
  16. Kong, Dongmin & Ma, Guangyuan & Qin, Ni, 2022. "The political economy of firm emissions: Evidence from a quasi-natural experiment in China," European Journal of Political Economy, Elsevier, vol. 75(C).
  17. Zhang, Chengrui & Li, Zhaohong & Xu, Jiaqian & Luo, Yiyang, 2024. "Accounting information quality, firm ownership and technology innovation: Evidence from China," International Review of Financial Analysis, Elsevier, vol. 93(C).
  18. Liu, Xiaojie & Shen, Jim Huangnan & Deng, Kent, 2016. "A rational path towards a Pareto optimum for reforms of large state-owned enterprise in China, past, present and future," Economic History Working Papers 67019, London School of Economics and Political Science, Department of Economic History.
  19. Qiao, Lu & Fei, Junjun, 2022. "Government subsidies, enterprise operating efficiency, and “stiff but deathless” zombie firms," Economic Modelling, Elsevier, vol. 107(C).
  20. Anders C. Johansson & Xunan Feng, 2016. "The state advances, the private sector retreats? Firm effects of China’s great stimulus programme," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 40(6), pages 1635-1668.
  21. Li, Xiao-Lin & Li, Jingya & Wang, Jia & Si, Deng-Kui, 2021. "Trade policy uncertainty, political connection and government subsidy: Evidence from Chinese energy firms," Energy Economics, Elsevier, vol. 99(C).
  22. Shen, Huangnan & Fang, Lei & Deng, Kent, 2017. "Rise of ‘Red Zaibatsu’ in China: entrenchment and expansion of large state-owned enterprises, 1990-2016," Economic History Working Papers 75214, London School of Economics and Political Science, Department of Economic History.
  23. Lai, Xiaobing & Zhang, Fan, 2022. "Can ESG certification help company get out of over-indebtedness? Evidence from China," Pacific-Basin Finance Journal, Elsevier, vol. 76(C).
  24. Feng, Xunan & Johansson, Anders C., 2018. "Firm Ownership, Political Participation, and Access to Finance through Public Bond Offerings in China," Stockholm School of Economics Asia Working Paper Series 2018-50, Stockholm School of Economics, Stockholm China Economic Research Institute.
  25. Yongheng Deng & Randall Morck & Jing Wu & Bernard Yeung, 2011. "Monetary and Fiscal Stimuli, Ownership Structure, and China's Housing Market," NBER Working Papers 16871, National Bureau of Economic Research, Inc.
  26. Cheng, Yuk-Shing & Chung, Kim-Sau, 2013. "Too many mothers-in-law?," Journal of Development Economics, Elsevier, vol. 105(C), pages 69-76.
  27. Jia Li & Zhengying Luo, 2021. "Product market competition and cost stickiness: Evidence from China," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 42(7), pages 1808-1821, October.
  28. Jian, Jianhui & Li, Huaqian & Meng, Leah & Zhao, Chunxiang, 2020. "Do policy burdens induce excessive managerial perks? Evidence from China’s stated-owned enterprises," Economic Modelling, Elsevier, vol. 90(C), pages 54-65.
  29. Qiyue Zhang & Zheng Wang & Godwin Okafor, 2022. "Understanding China’s Economic Engagement in Africa: An Exploration of the FDI-Trade Nexus," Sustainability, MDPI, vol. 14(23), pages 1-19, November.
  30. Jun Du & Sourafel Girma & Holger Görg & Ignat Stepanok, 2023. "Who wins and who loses from state subsidies?," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 56(3), pages 1007-1031, August.
  31. Haitian Lu & Hongbo Pan & Chenying Zhang, 2015. "Political Connectedness and Court Outcomes: Evidence from Chinese Corporate Lawsuits," Journal of Law and Economics, University of Chicago Press, vol. 58(4).
  32. Langzi Chen & Jian Li & Peter Zander, 2018. "Can Political Connections Maintain the Sustainability of R&D Investment in China? There Is No Such Thing as a Free Lunch," Sustainability, MDPI, vol. 10(11), pages 1-19, November.
  33. Francesco Macheda, 2020. "Il ruolo delle imprese a conduzione statale nella lotta della Cina contro il COVID-19 (The role of State-Owned Enterprises in China's fight against the coronavirus disease)," Moneta e Credito, Economia civile, vol. 73(290), pages 111-139.
  34. Hongqi Ma & Guangjun Shen, 2021. "Do new mayors bring fresh air? Some evidence of regulatory capture in China," Review of Economic Design, Springer;Society for Economic Design, vol. 25(4), pages 227-249, December.
  35. Wang F.S., Leonard & Chen, Tai-Liang, 2011. "Privatization, Efficiency Gap, and Subsidization with Excess Taxation Burden," Hitotsubashi Journal of Economics, Hitotsubashi University, vol. 52(1), pages 55-68, June.
  36. Xunan Feng & Anders C. Johansson, 2018. "Underpaid and Corrupt Executives in China’s State Sector," Journal of Business Ethics, Springer, vol. 150(4), pages 1199-1212, July.
  37. Dong, Dayong & Yang, Mo & Yang, Gaoju & Chen, Chang-Chih & Zhang, Xinyi, 2022. "Talk less and do more: Expected strategic adjustments vs. actual changes in the Chinese firms," Pacific-Basin Finance Journal, Elsevier, vol. 75(C).
  38. Xu, Cheng-Gang, 2010. "The Institutional Foundations of China?s Reforms and Development," CEPR Discussion Papers 7654, C.E.P.R. Discussion Papers.
  39. Dong Zhang & Owen Freestone, 2013. "China's Unfinished State-owned Enterprise Reforms," Economic Roundup, The Treasury, Australian Government, issue 2, pages 79-102, December.
  40. Li, Xiaoxia & Cai, Guilong & Luo, Danglun, 2020. "GDP distortion and tax avoidance in local SOEs: Evidence from China," International Review of Economics & Finance, Elsevier, vol. 69(C), pages 582-598.
  41. Pan, Xia & Cheng, Wenyin & Gao, Yuning, 2022. "The impact of privatization of state-owned enterprises on innovation in China: A tale of privatization degree," Technovation, Elsevier, vol. 118(C).
  42. Jen-Yao Lee & Leonard F. S. Wang, 2018. "Foreign competition and optimal privatization with excess burden of taxation," Journal of Economics, Springer, vol. 125(2), pages 189-204, October.
  43. Russell Cooper & Guan Gong & Ping Yan, 2015. "Dynamic labor demand in China: public and private objectives," RAND Journal of Economics, RAND Corporation, vol. 46(3), pages 577-610, September.
  44. Kang, Fei & Hauge, Janice A. & Lu, Ting-Jie, 2012. "Competition and mobile network investment in China’s telecommunications industry," Telecommunications Policy, Elsevier, vol. 36(10), pages 901-913.
  45. Yang, Mo & Dong, Dayong & Xia, Guoen, 2024. "Risk disclosure and stock price crash risk: Evidence from Chinese listed firms," Finance Research Letters, Elsevier, vol. 60(C).
  46. Chen Hu & Yanan Li & Penghao Ye, 2023. "The Halo Effect of Government: Does State-Owned Capital Promote the Green Innovation of Chinese Private Enterprises?," Sustainability, MDPI, vol. 15(11), pages 1-21, May.
  47. Lu, Liping & Tumer-Alkan, Gunseli & Zhang, Haiyang & Xu, Binbin & Wu, Weixing, 2021. "Do bank loans still convey information to investors? Evidence from the split share structure reform in China," Emerging Markets Review, Elsevier, vol. 48(C).
  48. Yu, Zhen & Shen, Yiran & Jiang, Shengjun, 2022. "The effects of corporate governance uncertainty on state-owned enterprises' green innovation in China: Perspective from the participation of non-state-owned shareholders," Energy Economics, Elsevier, vol. 115(C).
  49. Liu, Xiaojie & Shen, Jim Huangnan & Deng, Kent, 2022. "Endowment Structure, property rights and reforms of large state-owned enterprises (SOEs) in China: Past, present and future," Structural Change and Economic Dynamics, Elsevier, vol. 62(C), pages 675-692.
  50. Xiaole Qiao & Lin Song & Xiaomin Fan, 2022. "How do zombie firms affect innovation: from the perspective of credit resources distortion," Asian-Pacific Economic Literature, The Crawford School, The Australian National University, vol. 36(1), pages 67-87, May.
  51. Fox ZY Hu, 2015. "Industrial capitalisation and spatial transformation in Chinese cities: Strategic repositioning, state-owned enterprise capitalisation, and the reproduction of urban space in Beijing," Urban Studies, Urban Studies Journal Limited, vol. 52(15), pages 2799-2821, November.
  52. Liu, Guangqiang & Zhang, Xiaojie & Zhang, Wanting & Wang, Di, 2019. "The impact of government subsidies on the capacity utilization of zombie firms," Economic Modelling, Elsevier, vol. 83(C), pages 51-64.
  53. Lin, Justin Yifu, 2016. "Will China continue to be the engine of growth in the world," Journal of Policy Modeling, Elsevier, vol. 38(4), pages 683-692.
  54. Long, Wenbin & Wu, Huiying & Li, Lidan & Ying, Sammy Xiaoyan & Li, Sihai, 2024. "Mixed-ownership structure, non-state-blockholder coalition, and tax avoidance," International Review of Financial Analysis, Elsevier, vol. 91(C).
  55. Joel Wood, 2013. "The Effects of Bailouts and Soft Budget Constraints on the Environment," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 54(1), pages 127-137, January.
  56. Jim Huangnan Shen & Weiping Li & Chien‐Chiang Lee, 2023. "Unlocking the myths of size expansion in China's large state‐owned enterprises: Theory and evidence," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 44(2), pages 1264-1284, March.
  57. Zhi, Xiaoxu & Liu, Zongzhi & Yuan, Lingran & Gong, Binlei, 2024. "Rent-seeking Vampires Under Information Asymmetry: Evidence From Agricultural Cooperatives Subsidy Policy in China," 2024 Annual Meeting, July 28-30, New Orleans, LA 343636, Agricultural and Applied Economics Association.
  58. Ernesto Crivelli, 2012. "Local Governments’ Fiscal Balance, Privatization, and Banking Sector Reform in Transition Countries," IMF Working Papers 2012/146, International Monetary Fund.
  59. Krönes, Gerhard V., 2013. "Ansätze zu einem Controlling von Privatisierungen öffentlicher Leistungen – Privatisierungscontrolling," ZögU - Zeitschrift für öffentliche und gemeinwirtschaftliche Unternehmen, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 36(2-3), pages 150-169.
  60. Fan Zhang & Fei Wang & Qiao Wang, 2023. "Does the mixed‐ownership reform improve the productivity of state‐owned enterprises? Evidence from companies listed in Chinese stock," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 94(4), pages 1299-1321, December.
  61. Liu, Sun, 2015. "Corporate governance and forward-looking disclosure: Evidence from China," Journal of International Accounting, Auditing and Taxation, Elsevier, vol. 25(C), pages 16-30.
  62. Johansson, Anders C. & Luo, Danglun & Rickne, Johanna & Zheng, Wei, 2016. "Government Intervention in the Capital Allocation Process: Firm Employment as an IPO Selection Rule in China," Stockholm School of Economics Asia Working Paper Series 2016-40, Stockholm School of Economics, Stockholm China Economic Research Institute.
  63. Lingzhi Yun & Wen Cao, 2008. "State-holding share, policy burden and performance: A study on the program of strategic investor importing for state-owned banks," Psychometrika, Springer;The Psychometric Society, vol. 3(4), pages 531-547, December.
  64. Aldy Fariz Achsanta & Laetitia Lepetit & Amine Tarazi, 2020. "Expropriation risk vs. government bailout: implications for minority shareholders of state-owned banks," Working Papers hal-02512308, HAL.
  65. Johansson, Anders C. & Luo, Danglun & Rickne, Johanna & Zheng, Wei, 2017. "Government intervention in the capital allocation process: Excess employment as an IPO selection rule in China," China Economic Review, Elsevier, vol. 44(C), pages 271-281.
  66. Jia Li & Zhoutianyang Sun, 2023. "Cost stickiness, earnings forecast accuracy, and the informativeness of stock prices about future earnings: evidence from China," Palgrave Communications, Palgrave Macmillan, vol. 10(1), pages 1-16, December.
  67. Kong, Dongmin & Liu, Shasha & Xiang, Junyi, 2018. "Political promotion and labor investment efficiency," China Economic Review, Elsevier, vol. 50(C), pages 273-293.
  68. Qian, Ningyu, 2018. "Anti-corruption effects on the credit risk of local financing vehicles and the pricing of Chengtou bonds: Evidence from a quasi-natural experiment in China," Finance Research Letters, Elsevier, vol. 26(C), pages 162-168.
  69. Qiezeng Yuan, 2021. "How to Restrain Regulatory Capture and Promote Green Innovation in China. An Analysis Based on Evolutionary Game Theory," Sustainability, MDPI, vol. 13(17), pages 1-20, August.
  70. Jeon, Chunmi & Han, Seung Hun & Kim, Hyeong Joon & Kim, Sangsoo, 2022. "The effect of government 5G policies on telecommunication operators’ firm value: Evidence from China," Telecommunications Policy, Elsevier, vol. 46(2).
IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.