
Business
Political connection and credit risk of real estate enterprises: evidence from stock market
R. Chen, J. Yu, et al.
This groundbreaking paper explores the intricate link between political connections and credit risk in Chinese real estate firms. The research conducted by Rongda Chen, Jingjing Yu, Chenglu Jin, Xinyang Chen, Liu Yang, and Shuonan Zhang reveals that such connections can significantly increase credit risks, particularly for private enterprises, especially in the wake of burgeoning internet finance.
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