FDI and Credit Constraints: Firm Level Evidence in China

By Jérôme Héricourt, S. Poncet. 2009

173 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/901f4c5f2466a3334ecd75d97087184dc695057b

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Citations in the corpus

Firm Exports and Multinational Activity Under Credit Constraints (2011, result): “More generally, our results resonate with prior work on the role of foreign capital inflows in relaxing domestic firms’ credit constraints (Harrison, Love, & McMillan, 2004; Héricourt & Poncet, 2009; Tong & Wei, 2010).”
Government Connections and Financial Constraints: Evidence from a Large Representative Sample of Chinese Firms (2013, unknown): “…from that literature in that we also find that Chinese firms face financial constraints, but state-and foreignowned firms tend to face less severe ones (Chow and Fung 1998, 2000; Chen 2008; Herícourt and Poncet 2009; Poncet, Steingress, and Vandenbussche 2010; Guariglia, Liu, and Song 2011).”
Investment and Financing Constraints in China: Does Working Capital Management Make a Difference? (2013, result): “In line with the literature (Chow and Fung, 1998, 2000; Héricourt and Poncet, 2009; Poncet et al., 2010; Guariglia et al., 2011), we find that fixed investment at SOEs is not sensitive to cash flow.”
Financial Constraints in China: Firm-Level Evidence (2010, background): “7 Héricourt and Poncet (2008), Guariglia, Liu and Song (2008). 8 This paper focuses on the role of FDI as an alternative source of funding to loans from the banking system.”
Exports and Credit Constraints under Incomplete Information: Theory and Evidence from China (2014, unknown): “Φd (x,Md(x)) = (1 + iδτd) [ 1− ( σ − 1 σ ) 1− F (x) xf (x) ]−1 , (18)”
Corruption and firm growth: Evidence from China☆ (2012, background): “…the prevalence of capital market imperfections in China, from both macro (e.g., Allen et al., 2005; Guariglia and Poncet, 2008) and micro (e.g., Héricourt and Poncet, 2009; Guariglia et al., 2011) perspectives. by Svensson (2003), that though corruption deters economic growth at the…”
A balancing act: Managing financial constraints and agency costs to minimize investment inefficiency in the Chinese market (2016, background): “It is consequently difficult for private firms to access external funding (Allen et al., 2005; Guariglia et al., 2011; Héricourt and Poncet, 2009).”