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Politically connected managers, government ownership and corporate socially responsible investments: evidence from China

Danlin Pu

Applied Economics Letters, 2018, vol. 25, issue 17, 1193-1197

Abstract: 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.

Date: 2018
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Handle: RePEc:taf:apeclt:v:25:y:2018:i:17:p:1193-1197