Political Connections, Government Subsidies, and Capital Misallocation: Evidence from China

2017 ◽  
Author(s):  
Zilong Zhang ◽  
Shuang Jin
Keyword(s):  
Political Connections ◽  
Government Subsidies ◽  
Capital Misallocation

Political Connections and Government Subsidies: State-Level Evidence

2018 ◽  
Author(s):  
Daniel Aobdia ◽  
Allison Koester ◽  
Reining Petacchi
Keyword(s):  
State Level ◽  
Political Connections ◽  
Government Subsidies

Political connections, government subsidies and firm financial performance: Evidence from renewable energy manufacturing in China

2014 ◽  
Vol 63 ◽  
pp. 330-336 ◽  
Author(s):  
Huiming Zhang ◽  
Lianshui Li ◽  
Dequn Zhou ◽  
Peng Zhou
Keyword(s):  
Renewable Energy ◽  
Financial Performance ◽  
Political Connections ◽  
Government Subsidies ◽  
Firm Financial Performance

scholarly journals Impact of Government Subsidies on Manufacturing Innovation in China: The Moderating Role of Political Connections and Investor Attention

2020 ◽  
Vol 12 (18) ◽  
pp. 7740
Author(s):  
Shuang Wang ◽  
Shukuan Zhao ◽  
Dong Shao ◽  
Hongyu Liu
Keyword(s):  
Political Connections ◽  
Chinese Government ◽  
Manufacturing Companies ◽  
Investor Attention ◽  
Incentive Effect ◽  
Government Subsidies ◽  
Rational Allocation ◽  
Sample Data ◽  
Enterprise Innovation

Although government subsidies have gradually become a crucial means of endorsing public innovation policies, there remains no unified conclusion on the mechanism of their role in enterprise sustainable innovation investment. Employing sample data of listed Chinese manufacturing companies between 2011 and 2019, this study aims to discuss the incentive effect of government subsidies on enterprise innovation investment based on different enterprise ownership. With the combination of resource dependency theory and stakeholder theory, the findings suggest that the intensity of government subsidies exerts an incentive effect on corporate innovation investment; however, the incentive effect is different under the influence of political connections and investor attention. In particular, political connections inhibit the incentive effect and investor attention promotes the incentive effect. Overall, this study provides empirical evidence for the rational allocation of resources by the Chinese government and the acquisition of innovation investment by enterprises of different ownerships and the development of innovation capabilities.

scholarly journals Political Connections, Government Subsidies and Technical Innovation of Wind Energy Companies in China

2017 ◽  
Vol 9 (10) ◽  
pp. 1812 ◽  
Author(s):  
Jiaan Qu ◽  
Jie Cao ◽  
Xinting Wang ◽  
Jiexin Tang ◽  
James O. Bukenya
Keyword(s):  
Wind Energy ◽  
Technical Innovation ◽  
Political Connections ◽  
Government Subsidies ◽  
Energy Companies

The impact of managerial political connections and quality on government subsidies

2011 ◽  
Vol 5 (2) ◽  
pp. 207-226 ◽  
Author(s):  
Jianfeng Wu ◽  
Menita Liu Cheng
Keyword(s):  
Political Connections ◽  
Government Subsidies ◽  
The Impact

Political Connections and Government Subsidies: Evidence from Financially Distressed Firms in China

2017 ◽  
Vol 53 (8) ◽  
pp. 1854-1868 ◽  
Author(s):  
Qizhi Tao ◽  
Yicheng Sun ◽  
Yingjun Zhu ◽  
Xiaolin Yang
Keyword(s):  
Political Connections ◽  
Government Subsidies ◽  
Distressed Firms ◽  
Financially Distressed

Political Connections and Financial Constraints: Evidence from Transition Countries

2019 ◽  
Author(s):  
Maurizio Bussolo ◽  
Francesca de Nicola ◽  
Ugo Panizza ◽  
Richard Varghese
Keyword(s):  
Financial Constraints ◽  
Transition Countries ◽  
Political Connections

Accrual-Based and Real Earnings Management and Political Connections

CFA Digest ◽  
2015 ◽  
Vol 45 (11) ◽  
Author(s):  
Pamela G. Yang
Keyword(s):  
Earnings Management ◽  
Real Earnings Management ◽  
Political Connections
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