Firms and banks common ownership and firm organizational resilience

Drawing upon a distinctive dataset derived from the equity relationships between Chinese A-share listed firms and banks, this article provides an empirical analysis of the influence and mechanisms of common ownership between firms and banks on firm organizational resilience. Our findings reveal that common ownership between firms and banks can help firms develop in the long term and improve their resilience by alleviating financing constraints and boosting R&D investment. Our research broadens and deepens existing studies on the influence of firms and banks common ownership, offering fresh insights into the determinants of firm organizational resilience.