Answers are grounded in this paper and cite their sources.
Different from foreign capital markets, china’s domestic capital markets are special, which also determines that the research on financial pressure starts from the reform of state-owned enterprises, and draws lessons from the relevant theories of financial risk and financial fraud, thus gradually forming a more diversified research results.
No takes yet. Share an insight, caveat, or question.
Sun et al. (2020) studied this question.
Synapse has enriched 10 related papers. Consider them for comparative context: