Impact of political connections on Chinese export firms' performance – Lessons for other emerging markets
Abstract
This paper explores the differences in the impact of political connections on the performance of Chinese exporter and non-exporter firms and among three types of exporter firms; private-owned (POE), local state-owned (LSOE) and central state-owned (CSOE). Our sample has 7326 firm-year observations from 1945 firms listed on Shanghai and Shenzhen stock exchanges during 2006–2010 period. Using export sales, ratio of export to total sales and return...
Paper Details
Title
Impact of political connections on Chinese export firms' performance – Lessons for other emerging markets
Published Date
Jan 1, 2020
Journal
Volume
106
Pages
24 - 34
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