Corporate Lawsuit, Red-hat Executives and Commercial Credit Based on the Empirical Evidence of Chinese Listed Companies

DOI

10.2991/rac-18.2018.82How to use a DOI?

Keywords

Corporate Lawsuit,Red-hat Executives,Commercial Credit,Credit Dependence

Abstract

This article takes listed companies in Shenzhen&Shanghai A-stock markets from 2007 to 2015 as a research sample, and empirically studies the influence of the red-hat executives and corporate lawsuit on its commercial credit. The results show that the average number of the companies’ senior executives with red-hat has significantly decreased after 2013.The red-hat executives can really promote the company's commercial credit, and corporate litigation has negatively affected the company's commercial credit. At the same time, the negative effect of lawsuit is more significant than the positive effect of the executive's red-hat status.

Copyright

© 2018, 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  - Yongkui Li
AU  - Yanji Mao
AU  - Zhiying Chen
PY  - 2018/10
DA  - 2018/10
TI  - Corporate Lawsuit, Red-hat Executives and Commercial Credit Based on the Empirical Evidence of Chinese Listed Companies
BT  - Proceedings of the 8th Annual Meeting of Risk Analysis Council of China Association for Disaster Prevention (RAC 2018)
PB  - Atlantis Press
SP  - 522
EP  - 527
SN  - 2352-5428
UR  - https://doi.org/10.2991/rac-18.2018.82
DO  - 10.2991/rac-18.2018.82
ID  - Li2018/10
ER  -