Business Friendliness: A Double-Edged Sword

被引：1

作者：

Li, Mengyin ^{[1
]}

Phan, Phillip H. ^{[2
]}

Sun, Xian ^{[2
]}

机构：

[1] Renmin Univ China, Sch Business, Beijing 100872, Peoples R China

[2] Johns Hopkins Univ, Carey Business Sch, Baltimore, MD 21202 USA

来源：

SUSTAINABILITY | 2021年 / 13卷 / 04期

关键词：

business friendliness; law enforcement; informal institutions; P2Ps; sustainable economic growth; emerging markets; FOREIGN DIRECT-INVESTMENT; RISK-ASSESSMENT; CREDIT RISK; FIRM SIZE; PEER; INFORMATION; DETERMINANTS; ENVIRONMENT; CLIMATE; FINANCE;

D O I：

10.3390/su13041819

中图分类号：

X [环境科学、安全科学];

学科分类号：

08 ; 0830 ;

摘要：

In this paper, we test the hypothesis that business-friendly local-government policies combined with weak legal institutions lead to lower economic welfare in the form of greater fraud activity. Using data of almost 3000 failed peer-to-peer (P2P) lending platforms in China, labeled as "runaways", we find that they are more prevalent in provinces with business-friendly policies with weak law-enforcement regimes.

引用

页码：1 / 22

页数：22

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