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Entrepreneurial Activities and Institutional Environment in China

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  • Luo, Bei
  • Chong, Terence Tai Leung

Abstract

This paper aims to examine the relationship between the quality of an institutional environment and the characteristics of entrepreneurial activities within the context of China. An event study was conducted to investigate the impacts of the announcement of the Forbes China Rich List on prices of the shares associated with entrepreneurs on the list. This paper concludes that the quality of an institutional environment is greatly negatively related to unproductive entrepreneurial activities.

Suggested Citation

  • Luo, Bei & Chong, Terence Tai Leung, 2016. "Entrepreneurial Activities and Institutional Environment in China," MPRA Paper 63395, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:63395
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    Cited by:

    1. Liu, Guanchun & Zhang, Chengsi, 2020. "Economic policy uncertainty and firms' investment and financing decisions in China," China Economic Review, Elsevier, vol. 63(C).

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    More about this item

    Keywords

    Forbes; Entrepreneurial activities; Institutional environment.;
    All these keywords.

    JEL classification:

    • G3 - Financial Economics - - Corporate Finance and Governance
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship

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    This paper has been announced in the following NEP Reports:

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