The Resource Effect of Political Connections

DOI

10.2991/icreet-16.2017.75How to use a DOI?

Keywords

Political connections, Debt financing, Government subsidies, Tax preferences

Abstract

With the transformation and social structure of relationship-oriented in China, political connections widely exist in various. Each year many businesses spent huge amounts of time and money on establishing political connections. Taking GEM Listing Corporations as samples, This paper studied what kind of resources the political connection brought to the enterprise. The result found that political connections and debt financing have a significant positive correlation, and government subsidies have a significant negative correlation, and tax preferences have a significant negative correlation.

Copyright

© 2017, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Caifen Zou
AU  - Rong Ge
AU  - Qian Yu
PY  - 2017/03
DA  - 2017/03
TI  - The Resource Effect of Political Connections
BT  - Proceedings of the 2016 4th International Conference on Renewable Energy and Environmental Technology (ICREET 2016)
PB  - Atlantis Press
SP  - 448
EP  - 452
SN  - 2352-5401
UR  - https://doi.org/10.2991/icreet-16.2017.75
DO  - 10.2991/icreet-16.2017.75
ID  - Zou2017/03
ER  -