Does state-owned capital matter for private enterprise: a research based on trade credit
نویسندگان
چکیده
The introduction of state-owned capital into private enterprises is an important form mixed-ownership reform, but it often labeled as ‘state advancement and retreat’ or ‘retrogression in reform’ China. Based on the sample listed manufacturers, we find can significantly improve trade credit enterprises. Due to complementary advantages, benefit from by getting more credit. Moreover, there will be a profound impact only regions with high degrees marketization. An policy implication that should continue promote market-oriented reforms focus encouraging enter marketization regions.
منابع مشابه
State-owned enterprise reform
China's agricultural sector was the first to experience significant success from reform, but initial reform efforts in the late 1970s were directed at state-owned enterprises (SOEs). In 1978, when farmers started to experiment-secretly and illegally-with the now famous household responsibility system (HRS) in several villages in Anhui province, the government was already introducing the first s...
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ژورنال
عنوان ژورنال: ITM web of conferences
سال: 2022
ISSN: ['2271-2097', '2431-7578']
DOI: https://doi.org/10.1051/itmconf/20224501093