Analysis of changes in corporate external guarantee behavior and the role of governance factors under economic policy uncertainty

• Published in: International review of financial analysis Vol. 97; p. 103801
• Main Authors: Huang, Xiaodong, Zhao, Jiayi, Hu, Boqiang, Zhu, Chenzhi
• Format: Journal Article
• Language: English
• Published: Elsevier Inc 01.01.2025
• Subjects: Economic policy uncertainty; External guarantee behavior; Governance level; Governance level; Economic policy uncertainty; External guarantee behavior

This study utilizes quarterly data from China's A-share listed companies spanning the years 2010 to 2022 to investigate how economic policy uncertainty influences corporate external guarantee practices. The findings reveal that as economic policy uncertainty escalates, corporations tend to broa...