Confucianism and Firm Performance

This paper examines the impact of Confucianism on firm performance, taking Chinese listed companies from 2000 to 2018 as the research object. The results show that (1) Confucianism provides legitimacy for a company's profit-seeking behavior and therefore helps to improve firm performance; and (...

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Bibliographic Details
Main Authors: Lisong Wang, Yongjie Zhang, LiNa Wang, Jingkai Fu
Format: Article
Language:English
Published: Frontiers Media S.A. 2020-08-01
Series:Frontiers in Physics
Subjects:
Online Access:https://www.frontiersin.org/article/10.3389/fphy.2020.00319/full