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The Externalities of Corruption: Evidence from Entrepreneurial Firms in China

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  1. Deng, Jiapin & Lu, Di, 2024. "The Old Boys’ Club and Board Gender Diversity: Evidence from the Anti-corruption Campaign in China," Journal of Economic Behavior & Organization, Elsevier, vol. 221(C), pages 626-656.
  2. Zhou, Xi & Xiao, Min & Wu, Huiying & You, Jiaxing, 2024. "Does policy uncertainty travel across borders? Evidence from MNC subsidiary investment decisions," Journal of Banking & Finance, Elsevier, vol. 163(C).
  3. Wei Jiang & Kui Wang & Kevin Zheng Zhou, 2023. "How Political Ties and Green Innovation Co-evolve in China: Alignment with Institutional Development and Environmental Pollution," Journal of Business Ethics, Springer, vol. 186(4), pages 739-760, September.
  4. Hu, Juncheng & Li, Xiaorong & Wan, Zhong, 2023. "Corporate corruption and future audit fees: Evidence from a quasi-natural experiment," Journal of Contemporary Accounting and Economics, Elsevier, vol. 19(3).
  5. Bian, Timothy Yang & Zhang, Yue & Zhou, Nanxing, 2025. "Do China's anti-corruption campaigns impact art prices? Evidence from Chinese art market," Pacific-Basin Finance Journal, Elsevier, vol. 90(C).
  6. Kshitiz Shrestha & Jorge Martinez‐Vazquez & Charles Hankla, 2023. "Political decentralization and corruption: Exploring the conditional role of parties," Economics and Politics, Wiley Blackwell, vol. 35(1), pages 411-439, March.
  7. Zhou, Zhifang & Han, Shangjie & Huang, Zhiying & Cheng, Xu, 2023. "Anti-corruption and corporate pollution mitigation: Evidence from China," Ecological Economics, Elsevier, vol. 208(C).
  8. Wu, Kai & Liu, Jiming, 2022. "Purifying political ecology: How anti-corruption campaign affects capital structure decisions?," Pacific-Basin Finance Journal, Elsevier, vol. 75(C).
  9. Chen, Shuai & Ge, Erqi, 2022. "The Anti-Corruption Campaign and the Inter-Generational Transmission of Working in Bureaucracy: Evidence from China," GLO Discussion Paper Series 1159, Global Labor Organization (GLO).
  10. Liu, Xutang & Young, Martin & Liao, Jing, 2024. "CEO early-life experience and corporate accounting conservatism: Insights from the socio-political context," Emerging Markets Review, Elsevier, vol. 63(C).
  11. Jiang, Wei & Luo, Daokang & Wang, Liwen & Zheng Zhou, Kevin, 2024. "Foreign ownership and bribery in Chinese listed firms: An institutional perspective," Journal of Business Research, Elsevier, vol. 174(C).
  12. Bae, Sung C. & Kwon, Taek Ho & Liu, Chenyang, 2024. "The impact of high-pressure political reforms on state-owned enterprises: Evidence from China," International Review of Financial Analysis, Elsevier, vol. 91(C).
  13. Han, Linsong & Li, Xun & Xu, Gang, 2022. "Anti-corruption and poverty alleviation: Evidence from China," Journal of Economic Behavior & Organization, Elsevier, vol. 203(C), pages 150-172.
  14. Muhammad Ansar Majeed & Tanveer Ahsan & Ammar Ali Gull, 2024. "Does corruption sand the wheels of sustainable development? Evidence through green innovation," Business Strategy and the Environment, Wiley Blackwell, vol. 33(5), pages 4626-4651, July.
  15. Chen, Shuai & Ge, Erqi, 2024. "The Anti-Corruption Campaign and the Inter-Generational Transmission of Working in Bureaucracy: Evidence from China," GLO Discussion Paper Series 1159 [rev.], Global Labor Organization (GLO).
  16. Qi, Yu & Yu, Jinliang & Yang, Shubo & Xie, Xiaoyi, 2022. "Local government consumption and firm performance: Evidence from the "TPCs" in China," Journal of Asian Economics, Elsevier, vol. 80(C).
  17. Chen Ma & Maoyong Cheng & Gerald J. Lobo, 2024. "How Do Tax Agents Respond to Anti-corruption Intensity?," Journal of Business Ethics, Springer, vol. 190(1), pages 137-164, February.
  18. Colonnelli, Emanuele & Lagaras, Spyridon & Ponticelli, Jacopo & Prem, Mounu & Tsoutsoura, Margarita, 2022. "Revealing corruption: Firm and worker level evidence from Brazil," Journal of Financial Economics, Elsevier, vol. 143(3), pages 1097-1119.
  19. Jian Chu & Yaowen Shan & Gary Gang Tian, 2025. "Corrupt tax bureau commissioners and corporate tax avoidance," Review of Accounting Studies, Springer, vol. 30(2), pages 1873-1915, June.
  20. Ding, Haoyuan & Hu, Yichuan & Kim, Kenneth A. & Xie, Mi, 2023. "Relationship-based debt financing of Chinese private sector firms: The role of social connections to banks versus political connections," Journal of Corporate Finance, Elsevier, vol. 78(C).
  21. Hanming Fang & Zhe Li & Nianhang Xu & Hongjun Yan, 2023. "Firms and Local Governments: Relationship Building during Political Turnovers," Review of Finance, European Finance Association, vol. 27(2), pages 739-762.
  22. Engel, Eduardo & Fischer, Ronald D. & Galetovic, Alexander, 2024. "The company you keep: Renegotiations and adverse selection in transportation infrastructure," Economics of Transportation, Elsevier, vol. 38(C).
  23. Hassan, M. Kabir & Karim, Md. Sydul & Kozlowski, Steven E., 2022. "Implications of public corruption for local firms: Evidence from corporate debt maturity," Journal of Financial Stability, Elsevier, vol. 58(C).
  24. Feng, Qianbin & Hu, Xiao & Deng, Xinyi & Lu, Jun, 2023. "Anti-corruption campaign and capacity utilization of state-owned enterprises: Evidence from China’s central committee inspection," Economic Analysis and Policy, Elsevier, vol. 80(C), pages 319-346.
  25. Kong, Gaowen & Huang, Jiating & Ma, Guangyuan, 2023. "Anti-corruption and within-firm pay gap: Evidence from China," Pacific-Basin Finance Journal, Elsevier, vol. 79(C).
  26. Dongmin Kong & Yue Zhang & Ni Qin, 2025. "Anti-corruption campaign and corporate tax evasion: evidence from China," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 32(1), pages 1-50, February.
  27. Ling Zhu & Dongmin Kong, 2023. "Corruption and privatization: Evidence from a natural experiment in China," Economics of Transition and Institutional Change, John Wiley & Sons, vol. 31(1), pages 217-239, January.
  28. Chen, Shuai & Ge, Erqi, 2022. "The Anti-Corruption Campaign and the Inter-Generational Transmission of Working in Bureaucracy: Evidence from China," IZA Discussion Papers 15569, Institute of Labor Economics (IZA).
  29. Wei Jiang & Daokang Luo & Liwen W.L. Wang & Kevin Zheng Zhou, 2024. "Foreign ownership and bribery in Chinese listed firms: An institutional perspective," Post-Print hal-04432029, HAL.
  30. Wenwu Cai & Xiaofeng Quan & Gary Gang Tian, 2023. "Local Corruption and Trade Credit: Evidence from an Emerging Market," Journal of Business Ethics, Springer, vol. 185(3), pages 563-594, July.
  31. Tie Wei & Huaihong Pan & Bin Wei & Chengyu Shi, 2025. "“Exhale the old and inhale the new”: Comparing the impact of anti-corruption campaign on entrepreneurship and exiting markets in China," Small Business Economics, Springer, vol. 64(3), pages 1515-1534, March.
  32. Haoyu Gao & Fukang Chen & Yiling Ouyang, 2024. "The impacts of political uncertainty on public financing costs: evidence from anti-corruption investigations in China," Public Choice, Springer, vol. 198(1), pages 69-91, January.
  33. Onal, Bunyamin, 2023. "Do politically connected directors play an information role under policy uncertainty?," Journal of Multinational Financial Management, Elsevier, vol. 68(C).
  34. Ni Qin & Dongmin Kong & Ling Zhu & Mengxu Xiong, 2025. "Board Gender Diversity and Within-Firm Wage Inequity: Evidence from the Relaxation of China’s One-Child Policy," Journal of Business Ethics, Springer, vol. 199(1), pages 183-205, June.
  35. John M. Griffin & Clark Liu & Tao Shu, 2022. "Is the Chinese Anticorruption Campaign Authentic? Evidence from Corporate Investigations," Management Science, INFORMS, vol. 68(10), pages 7248-7273, October.
  36. Kong, Dongmin & Zhu, Ling & Wang, Xin, 2022. "Anti-corruption and CEO compensation: Evidence from a natural experiment in China," Economic Modelling, Elsevier, vol. 106(C).
  37. Zhaohua Li & Xiaofei Pan, 2023. "Relationship investment and local corruption environment: Evidence from China," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 63(4), pages 4597-4628, December.
  38. Hiep Ngoc Luu & Tram Anh Nguyen & Ngoc Minh Nguyen & Dam Duc Le & Khoi Trong Dao, 2024. "The impact of recentralization reform on corruption: evidence from a quasi‐natural experiment," Kyklos, Wiley Blackwell, vol. 77(1), pages 118-148, February.
  39. Florackis, Chris & Fu, Xi & Wang, Jingjing, 2023. "Political connections, environmental violations and punishment: Evidence from heavily polluting firms," International Review of Financial Analysis, Elsevier, vol. 88(C).
  40. Chao He & Lawrence Kryzanowski & Yunfei Zhao, 2023. "Political connections of Chinese fund management companies and fund performance," The Financial Review, Eastern Finance Association, vol. 58(3), pages 597-627, August.
  41. Huang, Chenghao & Jin, Zhi & Tian, Siyang & Wu, Eliza, 2023. "The real effects of corruption on M&A flows: Evidence from China's anti-corruption campaign," Journal of Banking & Finance, Elsevier, vol. 150(C).
  42. Mohammad, Shoeb & Yang, Jie & Butt, Irfan, 2024. "Does corruption have a sanding or greasing impact on innovation? Reconciling the contrasting perspectives through a systematic literature review," Research Policy, Elsevier, vol. 53(7).
  43. Gong, Ning & Tao, Qizhi & Zhang, Wan, 2024. "Economic policy uncertainty, political connections, and M&As: Evidence from China," Pacific-Basin Finance Journal, Elsevier, vol. 85(C).
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