Abstract
This paper uses firm level data from World Bank Survey to analyze different constraints on firm growth in China. By studying 12,400 firms, we find that, employee skill has a significant effect on firm growth for all firm size levels, and there is no significant difference for this effect on firms with different scales. However, micro-sized firms face severe financial constraint. Large-sized firms are constrained by infrastructure development. Mid and small-sized firms face more market institutional challenges. This paper calls for significant attentions on Corporate Social Responsibility and Business Sustainability in China.
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Notes
- 1.
Tibet, Hong Kong (SAR), Macao (SAR) and Taiwan are excluded from the study.
- 2.
Table 2 in the Appendix
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Appendix: Tables
Appendix: Tables
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Wang, C. (2015). Firm Growth Constraints in China: A Business Environment Study. In: Schmidpeter, R., Lu, H., Stehr, C., Huang, H. (eds) Sustainable Development and CSR in China. CSR, Sustainability, Ethics & Governance. Springer, Cham. https://doi.org/10.1007/978-3-319-17371-9_7
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DOI: https://doi.org/10.1007/978-3-319-17371-9_7
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