Senior Executives' Political Connections and Corporate Environmental Behavior—Empirical Research From the Chinese A‐Share Market
Author
Abstract
Suggested Citation
DOI: 10.1111/ropr.12382
Download full text from publisher
References listed on IDEAS
- Mara Faccio, 2006. "Politically Connected Firms," American Economic Review, American Economic Association, vol. 96(1), pages 369-386, March.
- Eitan Goldman & Jörg Rocholl & Jongil So, 2009. "Do Politically Connected Boards Affect Firm Value?," The Review of Financial Studies, Society for Financial Studies, vol. 22(6), pages 2331-2360, June.
- Claessens, Stijn & Feijen, Erik & Laeven, Luc, 2008.
"Political connections and preferential access to finance: The role of campaign contributions,"
Journal of Financial Economics, Elsevier, vol. 88(3), pages 554-580, June.
- Claessens, Stijn & Laeven, Luc & Feijen, Erik, 2007. "Political Connections and Preferential Access to Finance: The Role of Campaign Contributions," CEPR Discussion Papers 6045, C.E.P.R. Discussion Papers.
- Dietrich Earnhart & Lubomir Lizal, 2002.
"Effects of Ownership and Financial Status on Corporate Environmental Performance,"
CERGE-EI Working Papers
wp203, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
- Lubom??r L??zal & Dietrich Earnhart, 2002. "Effects of Ownership and Financial Status on Corporate Environmental Performance," William Davidson Institute Working Papers Series 492, William Davidson Institute at the University of Michigan.
- Earnhart, Dietrich & LÃzal, LubomÃr, 2002. "Effects of Ownership and Financial Status on Corporate Environmental Performance," CEPR Discussion Papers 3557, C.E.P.R. Discussion Papers.
- repec:zbw:bofrdp:2009_007 is not listed on IDEAS
- Firth, Michael & Lin, Chen & Liu, Ping & Wong, Sonia M.L., 2009. "Inside the black box: Bank credit allocation in China's private sector," Journal of Banking & Finance, Elsevier, vol. 33(6), pages 1144-1155, June.
- Shameek Konar & Mark A. Cohen, 2001. "Does The Market Value Environmental Performance?," The Review of Economics and Statistics, MIT Press, vol. 83(2), pages 281-289, May.
- Andreas Ziegler & Michael Schröder & Klaus Rennings, 2008.
"The Effect of Environmental and Social Performance on the Stock Performance of European Corporations,"
Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 40(4), pages 609-609, August.
- Andreas Ziegler & Michael Schröder & Klaus Rennings, 2007. "The effect of environmental and social performance on the stock performance of european corporations," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 37(4), pages 661-680, August.
- Mark P. Sharfman & Chitru S. Fernando, 2008. "Environmental risk management and the cost of capital," Strategic Management Journal, Wiley Blackwell, vol. 29(6), pages 569-592, June.
- MARA FACCIO & RONALD W. MASULIS & JOHN J. McCONNELL, 2006. "Political Connections and Corporate Bailouts," Journal of Finance, American Finance Association, vol. 61(6), pages 2597-2635, December.
- Chen, Charles J.P. & Li, Zengquan & Su, Xijia & Sun, Zheng, 2011. "Rent-seeking incentives, corporate political connections, and the control structure of private firms: Chinese evidence," Journal of Corporate Finance, Elsevier, vol. 17(2), pages 229-243, April.
- Francis, Bill B. & Hasan, Iftekhar & Sun, Xian, 2009.
"Political connections and the process of going public: Evidence from China,"
Journal of International Money and Finance, Elsevier, vol. 28(4), pages 696-719, June.
- Francis, Bill B. & Hasan, Iftekhar & Sun, Xian, 2009. "Political connections and the process of going public: evidence from China," Bank of Finland Research Discussion Papers 7/2009, Bank of Finland.
- Robert D. Klassen & Curtis P. McLaughlin, 1996. "The Impact of Environmental Management on Firm Performance," Management Science, INFORMS, vol. 42(8), pages 1199-1214, August.
- Francis, Bill B. & Hasan, Iftekhar & Sun, Xian, 2009.
"Political connections and the process of going public: Evidence from China,"
Journal of International Money and Finance, Elsevier, vol. 28(4), pages 696-719, June.
- Francis, Bill B. & Hasan, Iftekhar & Sun, Xian, 2009. "Political connections and the process of going public : evidence from China," Research Discussion Papers 7/2009, Bank of Finland.
- BAI Chong-En & LIU Qiao & LU Joe & SONG Frank M. & ZHANG Junxi, 2006. "An Empirical Study on Corporate Governance and Market Valuation in China," Frontiers of Economics in China-Selected Publications from Chinese Universities, Higher Education Press, vol. 1(1), pages 83-111, March.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Zhang, Dongyang, 2023. "Can environmental monitoring power transition curb corporate greenwashing behavior?," Journal of Economic Behavior & Organization, Elsevier, vol. 212(C), pages 199-218.
- Wang, Zongrun & Fu, Haiqin & Ren, Xiaohang, 2023. "Political connections and corporate carbon emission: New evidence from Chinese industrial firms," Technological Forecasting and Social Change, Elsevier, vol. 188(C).
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Liu, Li & Liu, Qigui & Tian, Gary & Wang, Peipei, 2018. "Government connections and the persistence of profitability: Evidence from Chinese listed firms," Emerging Markets Review, Elsevier, vol. 36(C), pages 110-129.
- Cull, Robert & Li, Wei & Sun, Bo & Xu, Lixin Colin, 2015.
"Government connections and financial constraints: Evidence from a large representative sample of Chinese firms,"
Journal of Corporate Finance, Elsevier, vol. 32(C), pages 271-294.
- Cull, Robert & Li, Wei & Sun, Bo & Xu, Lixin Colin, 2013. "Government connections and financial constraints : evidence from a large representative sample of Chinese firms," Policy Research Working Paper Series 6352, The World Bank.
- Robert Cull & Wei Li & Bo Sun & Lixin Colin Xu, 2015. "Government Connections and Financial Constraints: Evidence from a Large Representative Sample of Chinese Firms," International Finance Discussion Papers 1129, Board of Governors of the Federal Reserve System (U.S.).
- Su, Zhong-qin & Fung, Hung-Gay & Huang, Deng-shi & Shen, Chung-Hua, 2014. "Cash dividends, expropriation, and political connections: Evidence from China," International Review of Economics & Finance, Elsevier, vol. 29(C), pages 260-272.
- Tang, Xuesong & Lin, Yan & Peng, Qing & Du, Jun & Chan, Kam C., 2016. "Politically connected directors and firm value: Evidence from forced resignations in China," The North American Journal of Economics and Finance, Elsevier, vol. 37(C), pages 148-167.
- Su, Zhong-qin & Xiao, Zuoping & Yu, Lin, 2019. "Do political connections enhance or impede corporate innovation?," International Review of Economics & Finance, Elsevier, vol. 63(C), pages 94-110.
- Zhong-qin Su & Hung-Gay Fung, 2013. "Political Connections and Firm Performance in Chinese Companies," Pacific Economic Review, Wiley Blackwell, vol. 18(3), pages 283-317, August.
- Shen, Chung-Hua & Bui, Dien Giau & Lin, Chih-Yung, 2017. "Do political factors affect stock returns during presidential elections?," Journal of International Money and Finance, Elsevier, vol. 77(C), pages 180-198.
- He, Lerong & Wan, Hong & Zhou, Xin, 2014. "How are political connections valued in China? Evidence from market reaction to CEO succession," International Review of Financial Analysis, Elsevier, vol. 36(C), pages 141-152.
- Agoraki, Maria-Eleni K. & Gounopoulos, Dimitrios & Kouretas, Georgios P., 2022. "U.S. banks’ IPOs and political money contributions," Journal of Financial Stability, Elsevier, vol. 63(C).
- Nys, Emmanuelle & Tarazi, Amine & Trinugroho, Irwan, 2015. "Political connections, bank deposits, and formal deposit insurance," Journal of Financial Stability, Elsevier, vol. 19(C), pages 83-104.
- Liu, Qigui & Tang, Jinghua & Tian, Gary Gang, 2013. "Does political capital create value in the IPO market? Evidence from China," Journal of Corporate Finance, Elsevier, vol. 23(C), pages 395-413.
- Wei, Chunyan & Hu, Shiyang & Chen, Feng, 2020. "Do political connection disruptions increase labor costs in a government-dominated market? Evidence from publicly listed companies in China," Journal of Corporate Finance, Elsevier, vol. 62(C).
- Kyeongmin Jeon & Jeung-Yoon (Jen) Chang & Young-Soo Choi, 2024. "Politically connected outside directors and market reaction: evidence from Korea," Financial Markets and Portfolio Management, Springer;Swiss Society for Financial Market Research, vol. 38(3), pages 371-397, September.
- Emmanuelle Nys & Amine Tarazi & Irwan Trinugroho, 2013.
"Political Connections, Bank Deposits, and Formal Deposit Insurance: Evidence from an Emerging Economy,"
Working Papers
hal-00916513, HAL.
- Emmanuelle Nys & Amine Tarazi & Irwan Trinugroho, 2015. "Political Connections, Bank Deposits, and Formal Deposit Insurance: Evidence from an Emerging Economy," Post-Print hal-01134833, HAL.
- Chwee Ming Tee & Angelina Seow Voon Yee & Aik Lee Chong, 2018. "Institutional Investors’ Monitoring and Stock Price Crash Risk: Evidence from Politically Connected Firms," Review of Pacific Basin Financial Markets and Policies (RPBFMP), World Scientific Publishing Co. Pte. Ltd., vol. 21(04), pages 1-35, December.
- Pantzalis, Christos & Park, Jung Chul, 2014. "Too close for comfort? Geographic propinquity to political power and stock returns," Journal of Banking & Finance, Elsevier, vol. 48(C), pages 57-78.
- Ding, Shujun & Jia, Chunxin & Wu, Zhenyu & Zhang, Xiaoqing, 2014. "Executive political connections and firm performance: Comparative evidence from privately-controlled and state-owned enterprises," International Review of Financial Analysis, Elsevier, vol. 36(C), pages 153-167.
- Li, Guoping & Zhou, Hong, 2015. "Political connections and access to IPO markets in China," China Economic Review, Elsevier, vol. 33(C), pages 76-93.
- Liu, Qigui & Luo, Jinbo & Tian, Gary Gang, 2016. "Managerial professional connections versus political connections: Evidence from firms' access to informal financing resources," Journal of Corporate Finance, Elsevier, vol. 41(C), pages 179-200.
- Shi, Haina & Xu, Haoping & Zhang, Xin, 2018. "Do politically connected independent directors create or destroy value?," Journal of Business Research, Elsevier, vol. 83(C), pages 82-96.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:revpol:v:37:y:2020:i:4:p:556-571. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://edirc.repec.org/data/ipsonea.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.