IDEAS home Printed from https://ideas.repec.org/a/mes/chinec/v51y2018i1p1-19.html
   My bibliography  Save this article

Lending to Private Firms: Evidence from China on the Role of Firm Openness and Bribery

Author

Listed:
  • Wenjuan Ruan
  • Erwei Xiang
  • Shiguang Ma

Abstract

This article investigates the effects of firm openness and bribery on bank lending decisions. Using World Bank data covering 1,781 private firms, we do not find supportive evidence on the role of bribery in helping private firms to obtain bank credit. However, we find evidence that firm openness has a positive effect on helping private firms to obtain banking finance. This finding holds true only for large firms, manufacturing firms, and firms located in regions with good banking development. We also find that private firms with greater government assistance are more likely to obtain bank loans, and more credit overall.

Suggested Citation

  • Wenjuan Ruan & Erwei Xiang & Shiguang Ma, 2018. "Lending to Private Firms: Evidence from China on the Role of Firm Openness and Bribery," Chinese Economy, Taylor & Francis Journals, vol. 51(1), pages 1-19, January.
    • Handle: RePEc:mes:chinec:v:51:y:2018:i:1:p:1-19
    DOI: 10.1080/10971475.2017.1368905
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/10971475.2017.1368905
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/10971475.2017.1368905?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mes:chinec:v:51:y:2018:i:1:p:1-19. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/MCES20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.