Harianto, Sandy; Haman, Janto - In: China Accounting and Finance Review 26 (2024) 5, pp. 565-598
Purpose - The purpose of our study is to investigate the effects of politically-connected boards (PCBs) on over-(under-)investment in labor. We also examine the impacts of the supervisory board (SB)'s optimal tenure on the association between PCBs and over-investment in labor....
