Anti-Corruption Reforms and Shareholder Valuations: Event Study Evidence from China

By Chen Lin, Randall K. Morck, Bernard Yeung, Xiaofeng Zhao. 2016

180 citations recorded by the source corpus.

Subfields: Accounting, Information Systems, Sociology and Political Science

View Paper: https://www.semanticscholar.org/paper/0cffba6b6c837dabcfc5dd201712c37eb0bab977

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

1. Yong Tan
2. Hailong Zhao
3. Xinde Zhang
4. Xiaofei Pan
5. Zhuo Chen
6. C. Liu
7. Zhiguo He
8. X. Tian

In Information Systems

1. Zhiguo He
2. X. Tian

In Sociology and Political Science

1. Xiaofei Pan
2. Zhuo Chen
3. C. Liu
4. Zhiguo He
5. Gary Gang Tian

Citations in the corpus

• Bribes and Firm Value (2017, unknown): “…from the Chinese anti-corruption campaign suggests that, although the campaign had little impact on corporate corruption culture (Griffin, Liu, and Shu 2016), state-owned enterprises benefitted (Lin et al. 2016) while providers of luxury goods and services suffered (Ke, Liu, and Tang 2016).”
• China’s Anticorruption Campaign and Entrepreneurship (2021, unknown): “…average them to the province-year level according to the firm’s registration address to obtain the variable ETC, which is a common proxy for firm-level corruption (Cai, Fang, and Xu 2011; Chen, Liu, and Su 2013; Lin et al. 2016; Huang et al. 2017; Fang et al. 2018; Giannetti et al., forthcoming).”
• The financing of local government in China: Stimulus loan wanes and shadow banking waxes (2020, background): “After Xi Jinping took power in 2012, Beijing unexpectedly launched an anticorruption campaign in the second half of 2012, which disrupted the normal appointment cycle at almost all administrative levels (e.g., Lin et al., 2016, Liu et al., 2017b, Li et al., 2018 , and Chen and Kung, 2019 ).”
• Political connections and corporate investments: Evidence from the recent anti-corruption campaign in China (2017, background): “…is helpful in overcoming institutional failure and ideological discrimination against private ownership; and political connections have been documented to be valuable for non-SOEs in areas such as financing and investments (Li et al., 2008; Xu et al., 2011; Feng et al., 2015; Lin et al., 2016).”
• The real effect of partial privatization on corporate innovation: Evidence from China's split share structure reform (2020, methodology): “The marketization index is widely regarded as a meaningful measure of a province's progress toward the market economy (Lin et al., 2016; Wang et al., 2008; Fan et al., 2011).”