Political Ties and Firm Performance in China
Evidence From a Quantile Regression
Bibliographic Data
| ID | 12847853 |
|---|---|
| Authors | Wenjing Xie (0000-0002-8707-6328, corresponding author), Keji Liu (0000-0001-6488-4085), Fei Xie (0000-0002-3636-2682), Haoyuan Ding (0000-0003-2252-3681) |
| Year | 2017 |
| Volume | 17 |
| Issue | 3 |
| Pages | 331-341 |
| Publication date | 2017-08-22 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Journal of East Asian Studies (JOURNAL) |
| Journal identifiers | ISSN: 1598-2408 • E-ISSN: 2234-6643 |
| Publisher | Cambridge University Press (CUP) (PUBLISHER) |
| DOI | 10.1017/jea.2017.12 |
| OpenAlex | W2746395775 |
| Language | EN |
| Citations received | 1 |
| References cited | 25 |
Whether political ties enhance or weaken firm performance has been widely investigated in a number of studies, including some on China. Based on a database of non-financial A-share listed firms from 2004 to 2012, we study the effects of political ties on firm performance within a quantile regression framework. We find that there is a positive relationship between political ties and economic performance, but that it is diminishing with respect to firm performance. Political ties appear particularly important for weaker firms
Business · China · Econometrics · Economics · Financial economics · Interpersonal ties · Political science · Politics · Quantile · Quantile regression · Corporate Finance and Governance · Political Influence and Corporate Strategies · Psychology · Social Psychology
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| Citations per year | 0.25 |
|---|---|
| Citation span | 2022 - 2022 (1) |
| Highly cited | No |