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Keywords: Bank loans
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Journal Articles
International Journal of Managerial Finance (2024) 20 (5): 1320–1341.
Published: 07 May 2024
.... Ultimately, a total of 2,533 samples of zombie enterprises were obtained. Findings The results indicate that as bank loans to zombie enterprises increase, executive monetary compensation decreases, while on-the-job consumption by executives increases, and they are less likely to be forced into rotation...
