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What is The Non-Linear Impact of State Ownership On Corpor about?

This study investigates the non-linear impact of state ownership on corporate risk-taking among Vietnamese listed firms, revealing a U-shaped relationship. It finds that while state ownership initially reduces risk-taking, beyond a certain threshold, it leads to increased risk-taking behavior. The research utilizes data from 577 firms over a decade and employs a dynamic system GMM estimator to support its findings.

Author

Trịnh Tuấn Minh

Language

EN