Institutional Determinants of Vertical Integration in China
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DOI: 10.1016/j.jcorpfin.2014.05.013
Abstract: Where legal systems and market forces enforce contracts inadequately, vertical integration can circumvent these transaction difficulties. But, such environments often also feature highly interventionist government, and even corruption. Vertical integration might then enhance returns to… read more here.
Keywords: integration; integration china; market; institutional determinants ... See more keywords