Institution
Westminster University
USeducation
Recent research
- Society & EconomicsOpen access
The Fair Competition Review System and firm investment efficiency: evidence from China
Abstract The Fair Competition Review System (FCRS) is an ex-ante competition-policy arrangement designed to curb administrative monopolies and local protectionism. Using 30,353 firm-year observations for Chinese A-share listed firms from 2012 to 2023, this study treats the nation...