The Risk of Corporate Debt Default and Local Chairman Appointment
Abstract
non-financial A-share listed companies in China from 2007 to 2022 as the research object and empirically investigates the impact of local
chairs on corporate debt default risks. The study finds that compared with companies without local chairs, companies with local chairs face
lower debt default risks. From the perspective of identity research, this paper supplements and expands the relevant literature on identity economics and provides certain insights for the supervision of corporate debt defaults.
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DOI: http://dx.doi.org/10.18686/fm.v9i6.13661
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