Essays on Bank Lending, Industrial Policy, and Firm Performance
This dissertation analyzes the effect of politically motivated bank lending and industrial policy on firm performance. It first studies zombies firms and political influence on bank lending in China. Zombie firms---indebted firms that are unprofitable and depend on banks or government bailouts for c...
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| Language: | English |
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2019
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| Online Access: | https://doi.org/10.7916/d8-xfe5-q165 |