Does the social credit system construction reduce enterprises' overinvestment? quasi-natural experimental evidence from China.

Does the social credit system construction reduce enterprises' overinvestment? quasi-natural experimental evidence from China.

As an important part of improving the socialist market economic system, the social credit system focuses on the market's micro behavior, which emphasizes the credit self-discipline of enterprises in financial management and checks the orientation for enterprises' investment decisions. This...

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Bibliographic Details
Main Authors: Guozhen Zhang, Yurui Xia, Yiting Xie, Yuanxiang Dong
Format: Article
Language:English
Published: Public Library of Science (PLoS) 2025-01-01
Series:PLoS ONE
Online Access:https://doi.org/10.1371/journal.pone.0318328
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