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Political turnover and firm pollution discharges: An empirical study

Author

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  • Deng, Yuping
  • Wu, Yanrui
  • Xu, Helian

Abstract

This paper aims to examine the relationship between political turnover and pollution discharges by listed firms in China. The empirical results show that political turnover is associated with more firm pollution discharges, particularly if the newly appointed officials are promoted locally or normally transferred. Furthermore, higher frequency of political turnover is linked with more pollution discharges. Lastly, our extended analysis illustrates that political connection is positively associated with firm pollution discharges and plays a moderating role in the relationship between political turnover and environmental performance.

Suggested Citation

  • Deng, Yuping & Wu, Yanrui & Xu, Helian, 2019. "Political turnover and firm pollution discharges: An empirical study," China Economic Review, Elsevier, vol. 58(C).
    • Handle: RePEc:eee:chieco:v:58:y:2019:i:c:s1043951x19301245
    DOI: 10.1016/j.chieco.2019.101363
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    More about this item

    Keywords

    Political turnover; Pollution discharges; Political connection; Personnel management; China;
    All these keywords.

    JEL classification:

    • P16 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Institutions; Welfare State
    • D22 - Microeconomics - - Production and Organizations - - - Firm Behavior: Empirical Analysis
    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development

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