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.

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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