The Moderating Effect of an Anti-corruption Campaign on the Relation between Political Connections and Investment Behavior - The Case of Chinese Listed Firms
This paper examines the effect of the anti-corruption campaign on the investment behavior of Chinese politically connected firms between 2007and 2016. The results indicate that the campaign impacts on the investment expenditures and investment efficiency of Chinese listed firms. Compared with the...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
University of Wollongong
2020-02-01
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Series: | Australasian Accounting, Business and Finance Journal |
Subjects: | |
Online Access: | https://ro.uow.edu.au/aabfj/vol14/iss1/3/ |