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The spread of enterprise credit risk in the supply chain may lead to large‐scale bankruptcy and credit crises, which are related to national economic and social stability and financial system security. Therefore, enterprise credit risk in the supply chain context is not only a concern for banking financial institutions, credit rating agencies and enterprise managers but also the focus of governments...
In the context of Chinese enterprises' privatization reforms, the relationships between ownership structure and optimal capital structure and between ownership structure and firm performance are worth attention. Using data on listed companies in China, this article uses the panel smooth transfer regression (PSTR) model and multiple regression models to test the nonlinear relationship between capital...