Corporate Philanthropy and Tunneling: Evidence from China
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DOI: 10.1007/s10551-016-3166-y
Abstract: This paper examines the association between corporate philanthropy and tunneling by controlling shareholders. Using a unique dataset from China, the paper finds evidence that firms donating more are less likely to tunnel. The negative association… read more here.
Keywords: philanthropy; tunneling evidence; philanthropy tunneling; evidence china ... See more keywords