How does economic policy uncertainty affect corporate risk-taking? Evidence from China

• Published in: Finance research letters Vol. 41; p. 101840
• Main Authors: Wen, Fenghua, Li, Cui, Sha, Han, Shao, Liuguo
• Format: Journal Article
• Language: English
• Published: Elsevier Inc 01.07.2021
• Subjects: Corporate risk-taking; Economic policy uncertainty; Financing constraints; Economic policy uncertainty; Corporate risk-taking; Financing constraints

•The empirical evidence proves the negative correlation between economic policy uncertainty and Chinese enterprise risk taking, which complements the relevant literature.•Financing constraints level in the enterprise is an essential factor adjusting the effect of EPU on corporate risk-taking. Using...