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The impact of the liability-asset ratio on profitability in China's industrial state-owned enterprises

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  • Holz, Carsten A.

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  • Holz, Carsten A., 2002. "The impact of the liability-asset ratio on profitability in China's industrial state-owned enterprises," China Economic Review, Elsevier, vol. 13(1), pages 1-26.
    • Handle: RePEc:eee:chieco:v:13:y:2002:i:1:p:1-26
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    References listed on IDEAS

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    1. Gary H. Jefferson & Thomas G. Rawski, 1994. "Enterprise Reform in Chinese Industry," Journal of Economic Perspectives, American Economic Association, vol. 8(2), pages 47-70, Spring.
    2. Stiglitz, Joseph E, 1988. "Why Financial Structure Matters," Journal of Economic Perspectives, American Economic Association, vol. 2(4), pages 121-126, Fall.
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    Cited by:

    1. Mu, Rui & Jong, Martin de & Koppenjan, Joop, 2011. "The rise and fall of Public–Private Partnerships in China: a path-dependent approach," Journal of Transport Geography, Elsevier, vol. 19(4), pages 794-806.
    2. Yang, Zhenbing & Chen, Zhuo & Shi, Qi & Yan, Bing, 2021. "Does outward foreign direct investment increase debt ratio? Firm-level evidence from China," Structural Change and Economic Dynamics, Elsevier, vol. 57(C), pages 1-12.
    3. Bambang Sutopo & Arum Kusumaningdyah Adiati & Purnama Siddi, 2021. "Is The Higher Debt Level Profitable for State-Owned Enterprises?," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(1), pages 243-256.
    4. Nicoleta Bărbuță-Mișu & Mara Madaleno & Vasile Ilie, 2019. "Analysis of Risk Factors Affecting Firms’ Financial Performance—Support for Managerial Decision-Making," Sustainability, MDPI, vol. 11(18), pages 1-19, September.
    5. ANDONE Diana & FATACEAN Gheorghe & MINTEUAN Paul, 2017. "Performance In The Energy Industry. A Comparative Analysis Between Transelectrica S.A And Enel Spa," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 69(2), pages 19-29, August.
    6. Ernesto Lopez‐Valeiras & Jacobo Gomez‐Conde & Teresa Fernandez‐Rodriguez, 2016. "Firm Size and Financial Performance: Intermediate Effects of Indebtedness," Agribusiness, John Wiley & Sons, Ltd., vol. 32(4), pages 454-465, November.
    7. Ioan Batrancea & Ioan-Dan Morar & Ema Masca & Sabau Catalin & Liviu Bechis, 2018. "Econometric Modeling of SME Performance. Case of Romania," Sustainability, MDPI, vol. 10(1), pages 1-15, January.
    8. Oh-Suk Yang & Jae-Hoon Han, 2023. "Assessing the Effect of Corporate ESG Management on Corporate Financial & Market Performance and Export," Sustainability, MDPI, vol. 15(3), pages 1-30, January.
    9. Diana Andone, 2017. "Financial Performance Analysis In Listed Companies," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 195-203, July.
    10. Lin, Shuanglin & ROWE, Wei, 2006. "Determinants of the profitability of China's regional SOEs," China Economic Review, Elsevier, vol. 17(2), pages 120-141.
    11. Liton Chandro Sarkar, 2022. "Empirical Assessment on the Impact of Leverage and Capital Adequacy on Performance of Non-Bank Financial Institutions in Bangladesh," Athens Journal of Business & Economics, Athens Institute for Education and Research (ATINER), vol. 8(2), pages 159-176, April.
    12. Songqin Ye & Jiangjiarui Zeng & Feimei Liao & Jin Huang, 2021. "Policy Burden of State-Owned Enterprises and Efficiency of Credit Resource Allocation: Evidence from China," SAGE Open, , vol. 11(1), pages 21582440211, March.
    13. Madaleno Mara & Bărbuţă-Mişu Nicoleta, 2019. "The Financial Performance of European Companies: Explanatory Factors in the Context of Economic Crisis," Ekonomika (Economics), Sciendo, vol. 98(2), pages 6-18, December.
    14. Nguyen Vinh Khuong & Dinh Thi Thu Thao, 2016. "The impact of capital structure choice on firm’s financial performance: An empirical analysis of delisted firms in Viet Nam," HO CHI MINH CITY OPEN UNIVERSITY JOURNAL OF SCIENCE - ECONOMICS AND BUSINESS ADMINISTRATION, HO CHI MINH CITY OPEN UNIVERSITY JOURNAL OF SCIENCE, HO CHI MINH CITY OPEN UNIVERSITY, vol. 6(2), pages 42-54.

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