Do productive firms get external finance? Evidence from Chinese listed manufacturing firms

Due to information asymmetry problem in financial markets good quality firms often find it difficult to prove to external finance providers about their true quality and to distinguish themselves from bad quality firms. We argue that instead of sending indirect signals to financial market good qualit...

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Bibliographic Details
Main Authors: Chen, Minjia, Matousek, Roman
Format: Article
Language:English
Published: Elsevier Inc. 2020
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Online Access:http://repo.uum.edu.my/27295/1/IRFA%2067%202020%201%2048.pdf
http://repo.uum.edu.my/27295/
http://doi.org/10.1016/j.irfa.2019.101422
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