Chinese A-Share Listed Firms with Financial Eco-Environment Index 2013-2024

27,254 firm-year observations from Chinese A-share listed firms between 2013 and 2024. The dataset includes a manually constructed city-level Financial Eco-environment Index, key mechanism variables for financial resource allocation efficiency, and firm-level financial controls. It was created by Zhang, Jinhui to support replication of a dynamic partial adjustment model, threshold regression analysis, and robustness checks.

Use Cases

• Replicate a dynamic partial adjustment model of corporate capital structure using firm-year observations and the Financial Eco-environment Index.
• Conduct threshold regression analysis to explore non-linear effects of the Financial Eco-environment Index on financial resource allocation efficiency.
• Perform robustness checks on capital structure dynamics using the alternative interest-bearing liability ratio variable.
• Analyze the relationship between city-level financial eco-environment and firm-level financial controls across 27,254 observations.

Strengths

• Contains 27,254 firm-year observations, providing a substantial sample for longitudinal analysis.
• Features a manually constructed city-level Financial Eco-environment Index, a unique and specific measure.
• Covers a 12-year time range from 2013 to 2024 for Chinese A-share listed firms.
• Includes key mechanism variables for financial resource allocation efficiency, enabling causal pathway analysis.

Limitations

• The panel data is unbalanced, which may complicate certain longitudinal analyses without appropriate handling.
• Specific column definitions and data formats are not provided in the input, requiring user investigation.
• The dataset is tailored for a specific study's replication, which may limit its generalizability for other research questions.

Provenance

Source

Harvard Dataverse, authored by Zhang, Jinhui.

Collection Method

Data compiled for an academic study, featuring manually constructed indices.

Time Range

2013 to 2024.

Freshness

Last updated on 2026-01-18, indicating recent maintenance.

Geography

China (Chinese A-share listed firms).