Can nationalization improve firm profitability? Empirical evidence from China

No abstract is available for this paper.

• Publication year

  2025

• Venue

  International Review of Financial Analysis

• Publication date

  2025-11-01

• Fields of study

  Not labeled

• Identifiers
  DOI 10.1016/j.irfa.2025.104744
• External record

  Open on Semantic Scholar

• Source metadata

  Semantic Scholar

• No claims are published for this paper.

• No concepts are published for this paper.

• Is mixed-ownership a profitable ownership structure?—Empirical evidence from China

  2025cited by this paper
• Escaping the Loop of Unsustainability: Why and How Business Ethics Matters for Earth System Justice

  2024cited by this paper
• China's mixed-ownership reform and SOE profitability

  2024cited by this paper
• The rise of common state ownership and corporate environmental performance

  2024cited by this paper
• Mixed ownership reform and the short-term debt for long-term investment of non-state-owned enterprises: Evidence from China

  2023cited by this paper
• Party branches, policy perception and corporate social responsibility: Evidence from Chinese private enterprises

  2023cited by this paper
• State‐owned capital and corporate social responsibility of private‐holding companies: evidence from China

  2022cited by this paper
• Mixed Ownership Reform of State-Owned Enterprises and R&D Investment

  2022cited by this paper
• The Real Effects of Implicit Government Guarantee: Evidence from Chinese State-Owned Enterprise Defaults

  2022cited by this paper
• Does mixed ownership reform affect private firms’ ESG practices? Evidence from a quasi‐natural experiment in China

  2022cited by this paper
• Corruption and privatization: Evidence from a natural experiment in China

  2022cited by this paper
• Nationalization of private enterprises and default risk: Evidence from mixed-ownership reform in China

  2022cited by this paper
• Does the mixed ownership reform work? Influence of board chair on performance of state-owned enterprises

  2021cited by this paper
• Fact or fiction: Implicit government guarantees in China’s corporate bond market

  2021cited by this paper
• Mixed ownership and financial investment: Evidence from Chinese state-owned enterprises

  2021cited by this paper
• Industrial policy intensity, technological change, and productivity growth: Evidence from China

  2021cited by this paper
• Mixed ownership and firm performance: Evidence from the Chinese venture capital industry

  2020cited by this paper
• HOW DOES TAX AVOIDANCE AFFECT FIRM VALUE? (LESSONS FROM SOE AND INDONESIAN PRIVATE COMPANIES)

  2020cited by this paper
• Elite Cleavage and the Rise of Capitalism under Authoritarianism: A Tale of Two Provinces in China

  2020cited by this paper
• Corporate Governance in China: A Survey*

  2020cited by this paper
• Labor cost, government intervention, and corporate innovation: Evidence from China

  2020cited by this paper
• Marketing Communist Party membership in China

  2020cited by this paper
• The real effect of partial privatization on corporate innovation: Evidence from China's split share structure reform

  2020cited by this paper
• Does mixed-ownership reform improve SOEs' innovation? Evidence from state ownership

  2020cited by this paper
• How mixed ownership affects decision making in turbulent times: Evidence from the digital revolution in telecommunications

  2020cited by this paper
• Is Privatization a Socially Responsible Reform

  2019cited by this paper
• Economic policy uncertainty, tax quotas and corporate tax burden: Evidence from China

  2019cited by this paper
• The Impact of State-Owned Enterprises on China’s Economic Growth

  2019cited by this paper
• People and Profits: The Impact of Corporate Objectives on Employees’ Need Satisfaction at Work

  2019cited by this paper
• Industrial Policy and Competition

  2019cited by this paper
• State-Owned Enterprises as Bribe Payers: The Role of Institutional Environment

  2019cited by this paper
• Unobservable Selection and Coefficient Stability: Theory and Evidence

  2019cited by this paper
• Can ownership structure improve environmental performance in Chinese manufacturing firms? The moderating effect of financial performance

  2019cited by this paper
• The Risk of Implicit Guarantees: Evidence from Shadow Banks in China

  2019cited by this paper
• Never Forget Where You Started: To Prevent Pre-Retirement Corruption at China’s State-Owned Enterprises

  2019cited by this paper
• Economic Rationales for the Scope of Privatization

  2019cited by this paper
• Difference-in-Differences with multiple time periods

  2018cited by this paper
• Estimating dynamic treatment effects in event studies with heterogeneous treatment effects

  2018cited by this paper
• Difference-in-differences with variation in treatment timing

  2018cited by this paper
• Decentralized Privatization and Change of Control Rights in China

  2018cited by this paper
• The Impact of Government Intervention on Corporate Investment Allocations and Efficiency: Evidence from China: Impact of Government Intervention on Corporate Investment Allocations and Efficiency

  2018cited by this paper
• Enterprise investment, local government intervention and coal overcapacity: The case of China

  2017cited by this paper
• China's Industrial Policy, Strategic Emerging Industries and Space Law

  2017cited by this paper
• Government intervention and firm investment

  2017cited by this paper
• The effect of the split share structure reform on working capital management of Chinese companies

  2017cited by this paper
• Helping hands or grabbing hands? An analysis of political connections and firm value

  2017cited by this paper
• Pyramidal structure, political intervention and firms' tax burden: Evidence from China's local SOEs

  2016cited by this paper
• Ownership structure and corporate tax avoidance: Evidence from publicly listed private firms in China

  2016cited by this paper
• Executive compensation and the split share structure reform in China

  2016cited by this paper
• Do Share Issue Privatizations Really Improve Firm Performance in China

  2015cited by this paper
• Government intervention and corporate policies: Evidence from China

  2015cited by this paper
• Institutional development, state ownership, and corporate cash holdings: Evidence from China ☆

  2015cited by this paper
• China's Secondary Privatization: Perspectives from the Split-Share Structure Reform

  2014cited by this paper
• Water Nationalization and Service Quality

  2013cited by this paper
• Why do state-owned enterprises over-invest? Government intervention or managerial entrenchment

  2013cited by this paper
• Ownership structure and firm performance: Evidence from the Chinese corporate reform

  2012cited by this paper
• Capital Province, Political Objectives and the Post-IPO Policy Burden

  2012cited by this paper
• Impact of the Share Structure Reform on the Role of Operating Related Party Transactions in China

  2012cited by this paper
• Outward internationalization of private enterprises in China: The effect of competitive advantages and disadvantages compared to home market rivals

  2012cited by this paper
• Tax Effort,Tax Bureaus and the Puzzle of the Abnormal Tax Growth

  2012cited by this paper
• The Fundamental Institutions of China's Reforms and Development

  2011cited by this paper
• Ownership and firm innovation in a transition economy: evidence from China

  2011cited by this paper
• Government intervention and investment efficiency: Evidence from China

  2011cited by this paper
• From market to state: wealth transfers in the Portuguese nationalisations of the 1970s1

  2011cited by this paper
• Growing Like China

  2011cited by this paper
• Privatization and Risk Sharing: Evidence from the Split Share Structure Reform in China

  2011cited by this paper
• Determinants of Nationalization in the Oil Sector: A Theory and Evidence from Panel Data

  2011cited by this paper
• Profit or politics? Understanding renationalizations in Russia

  2011cited by this paper
• Friend or Foe? The Role of State and Mutual Fund Ownership in the Split Share Structure Reform in China

  2010cited by this paper
• Are Family Firms More Tax Aggressive Than Non-Family Firms?

  2010cited by this paper
• INSTITUTIONS AND MARKETS Series

  2010cited by this paper
• Will the U.S. Bank Recapitalization Succeed? Eight Lessons from Japan

  2010cited by this paper
• The Effects of Executives on Corporate Tax Avoidance

  2010cited by this paper
• Nationalization, De-Nationalization, Re-Nationalization: Some Historical and Comparative Perspective

  2009cited by this paper
• Policy burdens, firm performance, and management turnover

  2009cited by this paper
• The Political Economy of Oil Production in Latin America

  2009cited by this paper
• Ownership, Institutions, and Capital Structure: Evidence from China

  2009cited by this paper
• State ownership, the institutional environment, and auditor choice: Evidence from China

  2008cited by this paper
• The Roles and Performance of State Firms and Non-State Firms in China’s Economic Transition

  2008cited by this paper
• Government assisted earnings management in China

  2008cited by this paper
• Private vs State Ownership and Earnings Management: evidence from Chinese listed companies

  2007cited by this paper
• Politically connected CEOs, corporate governance, and Post-IPO performance of China's newly partially privatized firms

  2007cited by this paper
• Price or Politics? An Investigation of the Causes of Expropriation

  2006cited by this paper
• The Multitask Theory of State Enterprise Reform: Empirical Evidence from China

  2006cited by this paper
• Privatization and restructuring in China: Evidence from shareholding ownership, 1995-2001

  2006cited by this paper
• Partial Privatization and Firm Performance

  2005cited by this paper
• Incentives for CEOS with Multitasks: Evidence from Chinese State-Owned Enterprises

  2005cited by this paper
• Causes of privatization in China

  2005cited by this paper
• Law, Finance, and Economic Growth in China

  2005cited by this paper
• The Financial Impact of the French Government's Nationalization/Privatization Strategy

  2003cited by this paper
• Development Strategy, Viability, and Economic Convergence*

  2003cited by this paper
• Soft budget constraints, social burdens, and labor redundancy in China's state industry

  2003cited by this paper
• How Does Government Ownership Affect Firm Performance? Evidence from China's Privatization Experience

  2002cited by this paper
• Privatization and economic performance: evidence from Chinese provinces

  2001cited by this paper
• State-Owned and Privately Owned Firms: An Empirical Analysis of Profitability, Leverage, and Labor Intensity

  2001cited by this paper
• A Multi-Task Theory of the State Enterprise Reform

  2001cited by this paper
• Theory of the Firm : Managerial Behavior , Agency Costs and Ownership Structure

  2000cited by this paper
• Should China be Promoting Large-Scale Enterprises and Enterprise Groups?

  2000cited by this paper
• Policy objectives and performance in a mixed market with bargaining

  1999cited by this paper
• Policy Burdens, Accountability, and the Soft Budget Constraint

  1999cited by this paper

• No citing papers are available for this paper.