What Gets Measured Gets Managed: Investment and the Cost of Capital
收藏NBER2022-02-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w29775
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资源简介：
We study the impact of government-led incentive systems by examining a staggered reform in the Chinese state-owned enterprise (SOE) performance evaluation policy. To improve capital allocative efficiency, in 2010, regulators switched from using return on equity (ROE) to economic value added (EVA)
提供机构：
美国国家经济研究局
创建时间：
2022-02-01
