【Key words】 Institutional Environment;Capital Structure;Industry Competition;Financing Restriction
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Financial distortion puts strict financing restriction on non-state owned enterprises which lead them looking for investment from foreign investors. Financial distortion also seriously impedes the development of non-stated owned enterprises in China,which make China lack of competent enterprises.
金融扭曲导致我国非国有企业面临严重融资约束,存在为满足融资需求寻求外商投资的动机;同时金融扭曲严重阻碍我国非国有企业发展,致使国内有竞争力的企业组织严重稀缺。
参考来源 - 金融扭曲导致FDI大量流入我国吗?——来自我国省级面板数据的证据·2,447,543篇论文数据,部分数据来源于NoteExpress
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