Institutional differences between Europe and China. Effects on firms' financing decisions
Author
Shiying, LinDirector/a
Hernández Cánovas, Ginés; Mol Gómez-Vázquez, AnaCenter
Facultad de Ciencias de la EmpresaUniversity
Universidad Politécnica de CartagenaDepartment
Economía, Contabilidad y FinanzasKnowledge Area
Economía Financiera y ContabilidadPublication date
2020Keywords
FinanciaciónFinancing
Empresa
Enterprises
China
China
España
Spain
Localization
Abstract
In this article, I will focus on the impact of institutional differences in four European countries: Spain, Italy, Germany, Norway and China on corporate financial decision-making, and I will start with four areas: finance, economy, law and governance. The main comparative analysis of the financial aspect is the financial system; the economic aspect is mainly the economic level and growth, income distribution; the legal aspect is the legal protection of investors; the governmentaspect is mainly the degree of corruption and political stability.
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