Corporate financialization and investment efficiency: Evidence from China

This study analyzes the financialization impact on investment efficiency and the mechanism using data from listed nonfinancial companies in China from 2011 to 2020. Results reveal that financialization has a positive effect on investment efficiency. Cross-sectional tests show that corporate financia...

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Bibliographic Details
Main Authors: Cynthia Gong, Pu Gong, Mengting Jiang
Format: Default Article
Published: 2023
Subjects:
Accounting, auditing and accountability
Banking, finance and investment
Corporate financialization
Investment efficiency
Financing constraint
Online Access:https://hdl.handle.net/2134/23896929.v1
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https://hdl.handle.net/2134/23896929.v1

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