Firm Growth Constraints in China: A Business Environment Study

Chunyang Wang ()
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Chunyang Wang: University Town

A chapter in Sustainable Development and CSR in China, 2015, pp 79-88 from Springer

Abstract: Abstract This paper uses firm level data from World Bank Survey to analyze different constraints on firm growth in China. By studying 12,400 firms, we find that, employee skill has a significant effect on firm growth for all firm size levels, and there is no significant difference for this effect on firms with different scales. However, micro-sized firms face severe financial constraint. Large-sized firms are constrained by infrastructure development. Mid and small-sized firms face more market institutional challenges. This paper calls for significant attentions on Corporate Social Responsibility and Business Sustainability in China.

Keywords: Corporate Social Responsibility; Business Environment; Labor Skill; Firm Growth; Infrastructure Development (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:spr:csrchp:978-3-319-17371-9_7

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DOI: 10.1007/978-3-319-17371-9_7

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