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Chairman’s government background, excess employment and government subsidies: Evidence from Chinese local state-owned enterprises
16 references·5 citing·37 second hop
Chairman’s government background, excess employment and government subsidies: Evidence from Chinese local state-owned enterprises (2012)Chairman’s government background, excess …Politically connected CEOs, corporate governance, and Post-IPO performance of China's newly partially privatized firms☆ (2007)Politically connected CEOs, c…Political connections, financing and firm performance: Evidence from Chinese private firms (2007)Political connections, financ…Political connections and preferential access to finance: The role of campaign contributions (2007)Political connections and pre…Contingent Political Capital and International Alliances: Evidence from South Korea (2007)Contingent Political Capital …Politically Connected Firms (2006)Politically Connected FirmsPolitical Connections and Corporate Bailouts (2006)Political Connections and Cor…Political turnover and economic performance: the incentive role of personnel control in China (2004)Political turnover and econom…Cronyism and capital controls: evidence from Malaysia (2002)Cronyism and capital controls…State-Owned and Privately Owned Firms: An Empirical Analysis of Profitability, Leverage, and Labor Intensity (2001)State-Owned and Privately Own…Estimating the Value of Political Connections (2001)Estimating the Value of Polit…What happens to CEOs after they retire? 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(2000)Corporate Governance in Asia: A Survey (2002)Corporate ownership structure and the informativeness of accounting earnings in East Asia (2002)Ownership Structure, Corporate Governance, and Firm Value: Evidence from the East Asian Financial Crisis (2003)What you export matters (2006)The Financial and Operating Performance of Newly Privatized Firms: An International Empirical Analysis (1994)The quality of government (1999)Outside directors and CEO turnover (1988)Econometric Analysis of Cross Section and Panel Data (2001)Regional decentralization and fiscal incentives: Federalism, Chinese style (2005)The Political Economy of the Rent-Seeking Society (2008)The Fundamental Institutions of China's Reforms and Development (2011)How do environmental regulation and environmental decentralization affect green total factor energy efficiency: Evidence from China (2020)Earnings management and the underperformance of seasoned equity offerings11We thank Brad Barber (the referee), Randy Beatty, Vic Bernard, K.C. Chan, Kent Daniel, M. DeFond, Laura Field, David Heike, Chuan Yang Hwang, Jonathan Karpoff, S.P. Kothari, Charles Lee, Wayne Mikkelson (the editor), Tim Opler, Krishna Palepu, K. Ramesh, Jay Ritter, Terry Shevlin, Doug Skinner, Sheridan Titman, Ross Watts, Jerry Zimmerman, and seminar participants at the University of California Finance and Accounting Conference (Davis, March 1995), the NBER Corporate Finance Conference (Boston, August 1995), the Center for Research in Security Prices Seminar (Chicago, October 1995), the American Finance Association Conference (San Francisco, 1996), the American Accounting Association Conference (Chicago, August 1996), the University of Michigan, and the University of Rochester for helpful comments and discussions. (1998)From State to Market: A Survey of Empirical Studies on Privatization (2001)China share issue privatization: the extent of its success (2003)International Corporate Governance (2003)What Do We Know about Capital Structure? Some Evidence from International Data (1995)Do Politically Connected Boards Affect Firm Value? (2008)Corporate Philanthropy and Corporate Financial Performance: The Roles of Stakeholder Response and Political Access (2011)Politically Connected Boards of Directors and The Allocation of Procurement Contracts (2013)Law and Finance (1998)Investor protection and corporate governance (2000)Political connections and the cost of equity capital (2012)Corporate Social Responsibility Reporting in China: Symbol or Substance? (2013)Toward a More General Theory of Regulation (1976)Large Shareholders and Corporate Control (1986)Higher market valuation of companies with a small board of directors (1996)The separation of ownership and control in East Asian Corporations (2000)The ultimate ownership of Western European corporations (2002)Do Lenders Favor Politically Connected Firms? Rent Provision in an Emerging Financial Market (2005)A Theory of Competition Among Pressure Groups for Political Influence (1983)Firm-Level Political Risk: Measurement and Effects* (2019)Corporate Immunity to the COVID-19 Pandemic (2020)Determinants of corporate borrowing (1977)The Cross-Section of Expected Stock Returns (1992)The Colonial Origins of Comparative Development: An Empirical Investigation: Reply (2012)
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References

  • 2006Politically Connected Firms4,073 cited
  • 2004Political turnover and economic performance: the incentive role of personnel control in China3,691 cited
  • 1994Politicians and Firms3,440 cited
  • 2001Estimating the Value of Political Connections2,988 cited
  • 2007Politically connected CEOs, corporate governance, and Post-IPO performance of China's newly partially privatized firms☆2,736 cited
  • 2006Political Connections and Corporate Bailouts2,576 cited
  • 2007Political connections, financing and firm performance: Evidence from Chinese private firms1,797 cited
  • 2007Political connections and preferential access to finance: The role of campaign contributions1,732 cited
  • 2002Cronyism and capital controls: evidence from Malaysia1,566 cited
  • 2001State-Owned and Privately Owned Firms: An Empirical Analysis of Profitability, Leverage, and Labor Intensity1,218 cited
  • 1996A Theory of Privatisation1,213 cited
  • 1987Privatization, Information and Incentives599 cited
  • 1999What happens to CEOs after they retire? New evidence on career concerns, horizon problems, and CEO incentives549 cited
  • 1999Policy Burdens, Accountability, and the Soft Budget Constraint487 cited
  • 2007Contingent Political Capital and International Alliances: Evidence from South Korea

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478 cited
  • 1990A Dead Senator Tells No Lies: Seniority and the Distribution of Federal Benefits474 cited
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    • 2014Political connections, media monitoring and long-term loans32 cited
    • 2022Multiple performance criteria for government-controlled firms15 cited
    • 2025Does ESG Performance Enhance Corporate Green Technological Innovation? Micro Evidence from Chinese-Listed Companies14 cited