Politically connected managers, government ownership and corporate socially responsible investments: evidence from China
Applied Economics Letters, 2018, vol. 25, issue 17, 1193-1197
We investigated the effects of politically connected managers on the corporate socially responsible investments of firms with different types of ownership. The results show that SOEs with politically connected managers are more likely to invest in corporate socially responsible investments compared to SOEs without such managers. However, private firms with politically connected managers are less likely to invest in corporate socially responsible investments than private firms without such managers.
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