归属学者：

淦未宇

归属院系：

商学院（监察审计学院）

作者：

Gan Weiyu ; Xu Xixiong

摘要：

We investigate the impact of China's anti-corruption campaign on corporate innovation. Our. empirical results corroborate a significant positive association between anti-corruption intensity and firm's R&D expenditures, which indicate that firms headquartered in provinces with stronger anti-corruption efforts, are less likely to choose relation-orientated strategy, and thus invest more in R&D activities. In addition, compared with SOEs, the positive effect of anti-corruption on R&D spending is more pronounced for Non-SOEs. This paper provides insights for understanding the impact of corrupt environment on firm performance and its underlying path.

语种：

英文

出版日期：

2019-09

学科：

工商管理

收录：

SSCI

提交日期：

2019-11-01

引用参考：

Gan Weiyu; Xu Xixiong. Does anti-corruption campaign promote corporate R&D investment? Evidence from China[J]. FINANCE RESEARCH LETTERS,2019(*):292-296.