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【With the same author name:【Liu Yongming】 Found 2 articles】 /Page Order by: Asce Desc

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| F832.5

SOE Bond Defaults, Implicit Guarantee Expectation, and Wake-up Call: Evidence from Yongmei’s Default Event

Liu Yongming, Yin Yue

The bond market has become an important direct financing channel to support the development of China’s real economy. Compared with private enterprises, an important feature of state-owned...

First published at: Mar 03, 2024

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doi:10.16538/j.cnki.jfe.20230916.101

Journal of Finance and Economics, Vol. 50, Issue 03, pp. 122 - 137

| F275.1；F832.48

External Earning Pressure，Diversified Equity Investment and Firm Financialization

Liu Yongming, Luo Yunfeng

In recent years, financialization appears in Chinese firms to inspire financial investment to exclude real ones, which also exists in the United States and other nations. As the microcosmi...

First published at: Mar 01, 2019

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doi:10.16538/j.cnki.jfe.2019.03.006

Journal of Finance and Economics, Vol. 45, Issue 03, pp. 73 - 85

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