How does investment efficiency affect financial distress risk? Evidence from China
Motivated by the high financial distress risk (Hereafter, FDR) level and extensively inefficient investment behaviors in China, this paper aims to explore the relationship between firms’ investment efficiency and FDR. Utilizing Chinese A-share market data spanning 2008–2020, we find that over-invest...
Saved in:
| Main Authors: | , , , , |
|---|---|
| Format: | Article |
| Language: | en |
| Published: |
Elsevier B.V.
2025
|
| Online Access: | http://psasir.upm.edu.my/id/eprint/118911/1/118911.pdf http://psasir.upm.edu.my/id/eprint/118911/ https://linkinghub.elsevier.com/retrieve/pii/S221463502500005X |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|