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Strategic alliances and employment: Evidence from China

Author

Listed:
  • Yan, Xi
  • Li, Xinwu
  • Niu, Yuhao

Abstract

By analyzing Chinese firms from 2013 to 2024, this paper finds that strategic alliances increase corporate employment. Mechanism analysis show that strategic alliances alleviate financial constraints and foster innovation activity. Cross-sectional tests show that this positive effect is more significant in non-SOE firms and labor intensity industries. Further analysis reveals strategic alliances upgrade employment structure by increasing high-skilled labor. Our study enriches the understanding of the impact of strategic alliances.

Suggested Citation

  • Yan, Xi & Li, Xinwu & Niu, Yuhao, 2025. "Strategic alliances and employment: Evidence from China," Finance Research Letters, Elsevier, vol. 86(PD).
    • Handle: RePEc:eee:finlet:v:86:y:2025:i:pd:s1544612325019075
    DOI: 10.1016/j.frl.2025.108653
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    References listed on IDEAS

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