This paper explores how forced resignations of politically connected independent directors
(political IDs for short) affect the performance of corporate social responsibility (CSR). Using …

State-owned enterprises (SOEs) are both the economic and political bases of the Chinese
Communist Party (the Party) and the Chinese state. The overarching principle of SOE reform …

Few studies have estimated the contribution made by anti-corruption to air pollution levels.
Using city-level data for the period from 2009 to 2016, this paper analyzes the effects of …

The political connection of a CEO is a determinant of firm performance. Shocks to the CEO's
political connection can create fluctuations in firm performance. However, the underlying …

This paper examines the anti-corruption campaign in China as an exogenous shock using
data on Chinese energy firms from 2010 to 2016. It conducts a quasi-natural experiment …

Leveraging China's 2013 anti-corruption campaign (the Campaign) as a quasi-natural
experiment and a difference-in-differences (DID) research design, we examine which of the …

This paper establishes the presence of political corruption in court and identifies a novel
channel—interfering with court decisions—through which local corrupt politicians provide …

The role of corruption in economic development around the world has been fully discussed,
but little is known about its environmental consequence, especially firms' sustainable …

This study investigates the impact of the anti-corruption campaign on listed companies'
green innovation in China. Using the difference-in-differences model, we find that firms …

This study investigates the impact of corruption on green innovation, as corruption may
impede or foster green innovation in developing economies due to their weak governance …