The impact of political connection and board diversity on company performance: Evidence from China

Lien‐Wen Liang, Tsui‐Jung Lin, Hui‐Fun Yu and Ya‐Wen Li

Managerial and Decision Economics, 2022, vol. 43, issue 6, 2347-2357

Abstract: This paper examines the impact of political connection and board diversity on company performance. The sample is composed of information on Chinese‐listed companies from 2008 to 2016. We find a significantly negative correlation between political connection and company performance. Board diversity also has a significantly negative impact on company performance. However, when the impact of the interaction between political connection and board diversity is taken into consideration, we find that it can increase the performance of the firm. Our results imply that political connectedness and board diversity together play a valuable role in a firm's performance.

Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
https://doi.org/10.1002/mde.3529

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wly:mgtdec:v:43:y:2022:i:6:p:2347-2357

Access Statistics for this article

Managerial and Decision Economics is currently edited by Antony Dnes

More articles in Managerial and Decision Economics from John Wiley & Sons, Ltd.
Bibliographic data for series maintained by Wiley Content Delivery ().