Local political corruption and M&As
We examine the relation between local political corruption and firms' cross-province M&As using provincial-level data on corruption in China. The results show that firms in more corrupt regions are less likely to engage in cross-province M&As. Further analyses reveal that the effects of...
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| Main Authors: | , , , , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2021
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/soa_research/1960 https://ink.library.smu.edu.sg/context/soa_research/article/2987/viewcontent/LocalCorruption_av.pdf |
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| Institution: | Singapore Management University |
| Language: | English |