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Do competitors benefit from the resignation of politically connected independent directors? Evidence from China

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Using a sample of Chinese listed firms in the Shanghai and Shenzhen Stock Exchange during the period of 2012–2017, this paper studies the impact of losing political resources on the… Click to show full abstract

Using a sample of Chinese listed firms in the Shanghai and Shenzhen Stock Exchange during the period of 2012–2017, this paper studies the impact of losing political resources on the competitors’ va...

Keywords: politically connected; benefit resignation; competitors benefit; resignation politically; independent directors; connected independent

Journal Title: Applied Economics
Year Published: 2021

Link to full text (if available)


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