supported by the Humanities and Social Sciences Foundation of Ministry of Education of China(No.24YJC790086);the Humanities and Social Sciences Foundation of Yunnan University(No.2023YNUGSP37);the Innovation Team Project of Philosophy and Social Sciences of Yunnan University.
Digital transformation stimulates enterprise development but its effects on zombification are uncertain.This study analyzed the efects of digital transformation on de-zombification among A-share listed Chinese compani...
the“Survey on the Digital Transformation of Small and Medium-Sized Enterprises(SMEs)”(No.2024ZDDC002);a major economic and social investigation project conducted by the Chinese Academy of Social Sciences,and the“Construction and Research of China's FinTech Development Index”(No.23ZKJC068);a foundational research initiative of the Chinese Academy of Social Sciences think tank.
The interplay between financial technology(FinTech)and real economy firms has garnered considerable attention.This paper explores the relationship and mechanism between FinTech and corporate zombification using the da...
supported by an Australian Government Research Training Program Scholarship.
This paper analyses the life-cycle dynamics of zombie companies-broadly defined as businesses that are consistently unable to meet their interest expenses from current profits-amongst listed firms in China over the pe...
financial support from the National Natural Science foundation of China(Project ID:71762025);National Accounting Top Talents of the Ministry of Finance of China;the financial support from the Young Scholar Start-up Program of Shenzhen University(Project ID:85203/00000536)
This paper investigates whether zombie firms demonstrate a tendency to invest in the financial sector,a practice we term financialization strategy.Unlike those in the United States,Japan,and Europe,we find that zombie...
In this study,I analyze Glissant’s idea of the Caribbean society as an inclusive community that treats its members with equality and mutual respect.The literary analysis includes novels Brown Girl in the Ring(BGR)by ...
the support from the National Natural Science Foundation of China(No.71902050).
Using data on firms listed on Chinese A-share markets from 2009 to 2017,this paperapplies the difference-in-difference model to test the effect of trade facilitation onpreventing the formation of zombie firms.We find ...
Supported by National Natural Science Foundation of China[71773126].
This paper examines the financing channels for zombie firms in China.We find that equity markets and suppliers provide substan-tial financing support for zombie firms,while banks and other financing channels are less ...
In recent years,as China has grappled with rising debt and broad economic restructure,the prevalence of zombie firms has become a critical problem.This paper provides a theoretical framework illustrating the rationale...
This paper is part of the“Research on Information Asymmetry and Government Subsidy Effi ciency Based on Agency Theory”(No.18BJY017)funded by the National Social Science Fund of China.
Zombie companies have serious adverse effects on economic development.The relationship between government subsidies and zombie companies is a focus in China’s supply-side structural reform.In this paper,we classify c...