Lei Lu

Peking University - HSBC School of Business

University Town

Nanshan District

Shenzhen, Guang Dong 518055

China

  • Peking University - HSBC School of Business

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The Financial Value of the Within-Government Political Network: Evidence From Chinese Municipal Corporate Bonds

Finance Research Letters, Forthcoming
Number of pages: 13 Posted: 27 Jan 2021 Last Revised: 05 Feb 2022
Jaehyuk Choi, Lei Lu, Heungju Park and Sungbin Sohn
Columbia University - Department of Mathematics, Peking University - HSBC School of Business, Sungkyunkwan University - SKK Business School and Sogang University - Department of Economics
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Abstract:

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Political Network, Guanxi, Local Government Financing Vehicles, Municipal Corporate Bonds, Credit Risk