Search results for: Equity pledge

• The impact of equity pledge on inefficient investment: a perspective from family entrepreneurship

  Publication

  • G. Ma

  - Year 2023

  As an efficient and convenient financing method, equity pledges may have a heterogeneous impact on the inefficient investment of family firms. In order to verify this point, this paper takes A-share listed family enterprises from 2010 to 2021 as a research sample. It conducts an empirical test on the impact of equity pledges on inefficient investment in family firms by constructing a panel regression model. The results show...