An Attempt to Profile the Finances of China's Enterprise Sector

An Attempt to Profile the Finances of China's Enterprise Sector
This paper examines the leverage, efficiency, and debt-repayment capacity of the Chinese enterprise sector using aggregate and firm level data. The cash coverage of interest expense, in particular, is used as a bridge between enterprise finances and banks' asset quality in order to develop insights on banking soundness. The interest coverage... READ MORE...

Publication date: November 2001
ISBN 9781451859263
$15.00

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