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Capital Market Development: China and Asia Seminar Series – Ownership Networks and Firm Growth: What Do Forty Million Companies Tell Us About the Chinese Economy?
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Capital Market Development: China and Asia Seminar Series – Ownership Networks and Firm Growth: What Do Forty Million Companies Tell Us About the Chinese Economy?
HOSTING ORGANIZERS COLLABORATING ORGANIZERS The finance–growth nexus has been a central question in understanding the unprecedented success of the Chinese economy. Using unique data on all the registered firms in China, the authors build extensive firm-to-firm equity ownership networks. Entering a network and increasing network centrality leads to higher firm growth, and the effect […]