Political affiliation, cash flow volatility, and debt maturity in China
(2023)
Journal Article
Caglayan, M., Mateut, S., & Zanchettin, P. (2023). Political affiliation, cash flow volatility, and debt maturity in China. British Accounting Review, Article 101299. https://doi.org/10.1016/j.bar.2023.101299
Using a large dataset with over half a million observations for 161 thousand Chinese firms, we examine the role of political affiliation on the debt maturity of firms experiencing varying levels of financial volatility. Our findings indicate that pol... Read More about Political affiliation, cash flow volatility, and debt maturity in China.