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Silent generosity: The impact of regulatory distance on silent donations

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  • Zhong, Yuan
  • Lai, Xiaobing
  • Tan, Lei

Abstract

This study examines the impact of regulatory distance on silent donations. The findings indicate a significant positive correlation between regulatory distance and corporate silent donations, confirming the distance decay effect. Besides, political connections strengthen the relationship between regulatory distance and silent donations, while media attention and analyst scrutiny limit this positive relationship. The above impacts are more pronounced in non-state-owned enterprises, highly competitive industries, and heavily polluting sectors.

Suggested Citation

  • Zhong, Yuan & Lai, Xiaobing & Tan, Lei, 2025. "Silent generosity: The impact of regulatory distance on silent donations," Economics Letters, Elsevier, vol. 247(C).
    • Handle: RePEc:eee:ecolet:v:247:y:2025:i:c:s0165176524006141
    DOI: 10.1016/j.econlet.2024.112130
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    References listed on IDEAS

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