Official rotation and corporate innovation: Evidence from the governor rotation

Rotation is a practice whereby officials are regularly moved between equally ranked positions. Focusing on governor rotation, this paper examines the effect of official rotation on corporate innovation in China. First, we find that official rotation significantly promotes corporate innovation, inclu...

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Bibliographic Details
Main Authors: Xiangyan Shi, Danlu Bu, Chenyu Zhang
Format: Article
Language:English
Published: Elsevier 2020-12-01
Series:China Journal of Accounting Research
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S1755309120300253