Su, Zhong-qin; Fung, Hung-gay; Yau, Jot - In: International Journal of Accounting and Information … 21 (2013) September, pp. 285-296
Purpose – Using panel data for the period 2004-2010, this study shows that political connections have a significant positive effect on corporate overinvestment in China while their interaction with related-party transactions has a negative effect. Results also indicate that state-owned...
