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How does judicial improvement affect manufacturing firms' cross-regional development?

Author

Listed:
  • Du, Houyang
  • Zhang, Yanfeng
  • Zhang, Weiran

Abstract

This paper examines the impact of regional judicial improvements on the cross-regional development of manufacturing enterprises using data from 2011 to 2022. The findings suggest that judicial enhancements facilitate enterprises' cross-regional investments, thereby fostering broader regional development. Further analysis reveals that optimizing the judicial system promotes corporate specialization and cultivates a fair, competitive environment, ultimately advancing cross-regional expansion. These insights contribute to the understanding of judicial reforms at the microeconomic level and provide practical guidance for enterprises seeking sustainable development.

Suggested Citation

  • Du, Houyang & Zhang, Yanfeng & Zhang, Weiran, 2025. "How does judicial improvement affect manufacturing firms' cross-regional development?," Finance Research Letters, Elsevier, vol. 79(C).
    • Handle: RePEc:eee:finlet:v:79:y:2025:i:c:s1544612325005665
    DOI: 10.1016/j.frl.2025.107303
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