Estimating the Effects of State-Business Collusion on Enterprise Expenditure
AUTHORS
Shan Yue Jin,Gachon University
ABSTRACT
This study evaluated the effects of the state-business collusion on enterprise expenditure. The results of this study showed that the state-business collusion increased unproductive expenditure items and decreased research and development. Moreover, it was concluded that the state-business collusion would negatively affect the growth of an enterprise.
KEYWORDS
Chinese private enterprises, state-business collusion, capital costs, unproductive expenditure, research and development costs, and growth
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