This study investigates the impact of government-business relationships on corporate involvement in the People's Republic of China's poverty alleviation campaign. Using data on Chinese-listed firms from 2017 to 2020, we find that closer government-business relationships, as measured by a...

This study examines the relationship between analyst forecast dispersion or accuracy and supplier concentration of listed firms in China from 2008 to 2019. Our findings suggest that higher supplier concentration is associated with lower analyst forecast dispersion, which can be attributed to the...

The association between social capital and household income has received inadequate attention over the past decade. We examine the role of social capital in household income using three waves of household surveys from 2011 to 2015 in China. Using “local big surname or not” as the...

This study examines the role of the anti-corruption campaign in capital structure decisions for Chinese listed firms using investigation of senior officials from 2007 to 2019. We find a positive effect of the anti-corruption campaign on the firm’s leverage adjustment speed, consistent with the...