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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.

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  • 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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    1. Zhong, Yuan & Lai, Huisu & Zhang, Liang & Guo, Lixiang & Lai, Xiaobing, 2025. "Does public data openness accelerate new quality productive forces? Evidence from China," Economic Analysis and Policy, Elsevier, vol. 85(C), pages 1409-1427.
    2. Huisu Lai & Lei Quan & Fei Wu & Song Tang & Chong Guo & Xiaobing Lai, 2025. "Corporate environmental publicity and green innovation: are words consistent with actions?," Palgrave Communications, Palgrave Macmillan, vol. 12(1), pages 1-14, December.

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