Silent generosity: The impact of regulatory distance on silent donations

Yuan Zhong, Xiaobing Lai and Lei Tan

Economics Letters, 2025, vol. 247, issue C

Abstract: This study examines the impact of regulatory distance on silent donations. The findings indicate a significant positive correlation between regulatory distance and corporate silent donations, confirming the distance decay effect. Besides, political connections strengthen the relationship between regulatory distance and silent donations, while media attention and analyst scrutiny limit this positive relationship. The above impacts are more pronounced in non-state-owned enterprises, highly competitive industries, and heavily polluting sectors.

Keywords: Regulatory distance; Silent donations; Distance decay effect (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:247:y:2025:i:c:s0165176524006141

DOI: 10.1016/j.econlet.2024.112130

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