Political turnover and firm pollution discharges: An empirical study

Yuping Deng, Yanrui Wu and Helian Xu

China Economic Review, 2019, vol. 58, issue C

Abstract: This paper aims to examine the relationship between political turnover and pollution discharges by listed firms in China. The empirical results show that political turnover is associated with more firm pollution discharges, particularly if the newly appointed officials are promoted locally or normally transferred. Furthermore, higher frequency of political turnover is linked with more pollution discharges. Lastly, our extended analysis illustrates that political connection is positively associated with firm pollution discharges and plays a moderating role in the relationship between political turnover and environmental performance.

Keywords: Political turnover; Pollution discharges; Political connection; Personnel management; China (search for similar items in EconPapers)
JEL-codes: D22 O12 P16 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (37)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:chieco:v:58:y:2019:i:c:s1043951x19301245

DOI: 10.1016/j.chieco.2019.101363

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