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Keywords: Zombie enterprise
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Journal Articles
International Journal of Managerial Finance (2024) 20 (5): 1320–1341.
Published: 07 May 2024
...Min Bai; Dong Zhang; Wenzhuo Zhao Purpose Excessive borrowing significantly contributes to pushing businesses towards default and their transition into zombie enterprises. Despite government efforts to implement deleveraging policies and guide bank credit flows, it’s essential to delve...
