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Chapter and Conference Paper
Do Political Connections of Private Enterprises Impact Bank Loan Pricing
Restricted by the factors of institutional system and information asymmetry, private firms are confronted with serious credit discrimination in the bank financing. Based on extant literatures studying the loan...
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Chapter and Conference Paper
Bank Debt, Growth Opportunities and Corporate Investment Behavior
As one of the two major creditors of corporate debt in China, the bank has great advantages in monitoring corporate’s behavior than commercial credit creditors. So, this paper proposes that the “control effect...