Source
From courts to capital: how bankruptcy judicial reform affects corporate investment efficiency PRIMARY_TEXT
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FETCHED at 2026-09-29T00:51:03Z · https://www.nature.com/articles/s41599-026-08435-x?error=cookies_not_supported&code=a4cfb529-7dd6-4ccb-97f7-c23cbb435d45 · seq 16678
| Excerpt | Finding |
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| Based on data from China’s A-share listed companies from 2014 to 2022, this paper uses the establishment of Chinese bankruptcy courts as a quasi-natural expe... | not found — this server looked at the page and did not find the passage |
| Based on data from China’s A-share listed companies from 2014 to 2022 ... We find that after the reform, corporate investment efficiency significantly improv... | not found — this server looked at the page and did not find the passage |
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| Locator | Excerpt |
|---|---|
QUOTE {} | Based on data from China’s A-share listed companies from 2014 to 2022, this paper uses the establishment of Chinese bankruptcy courts as a quasi-natural experiment and employs a staggered difference-in-differences method. We find that ..... |
QUOTE {} | Based on data from China’s A-share listed companies from 2014 to 2022 ... We find that after the reform, corporate investment efficiency significantly improved, with non-optimal investment efficiency decreasing by 7.5%, primarily due to ... |