Actual controller’s foreign residency and firm leverage: evidence from China
- Resource Type
- Authors
- Elaine (Chang) Liu; Timothy Lu; Jinjuan Ren
- Source
- Applied Economics Letters. 27:620-623
- Subject
- Economics and Econometrics
050208 finance
Leverage (finance)
0502 economics and business
05 social sciences
Business
050207 economics
China
Industrial organization
- Language
- ISSN
- 1466-4291
1350-4851
We investigate how the characteristics of firms’ actual controllers influence firms’ access to external finance. Using hand-collected data of actual controllers of Chinese firms, we find that firms...