Political Connection, Ownership Structure, and Corporate Philanthropy in China: A Strategic-Political Perspective

Li, Sihai; Song, Xianzhong; Wu, Huiying

doi:10.1007/s10551-014-2167-y

Cited by 289 publications

(346 citation statements)

References 53 publications

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“…Instead, the cross-list decision can be explained by political connections to a large extent [31]. Li et al (2015) analyze how political connections affect corporate philanthropy. They find a positive and significant relationship between political connections and the likelihood of corporate philanthropy [32].…”

Section: The Roles Of Political Connectionmentioning

confidence: 99%

“…Li et al (2015) analyze how political connections affect corporate philanthropy. They find a positive and significant relationship between political connections and the likelihood of corporate philanthropy [32]. In addition to corporate philanthropy, firms with political connections may undertake other kinds of social responsibility, such as hiring more employees and creating more plants when the regions where they are located suffer from large unemployment problems [18,33].…”

Section: The Roles Of Political Connectionmentioning

confidence: 99%

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Does a Board Chairman’s Political Connection Affect Green Investment?—From a Sustainable Perspective

et al. 2018

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Using a sample consisting of China's listed manufacturing companies which issue A-shares on the Shenzhen and Shanghai stock exchanges from 2008-2014, this study empirically tests the relationship between board chairman's political connections and the amount of energy conservation and emission reduction investment. The results show that the existence of politically-connected board chairmen positively affects green investment. In addition, marketization degrees negatively moderate the relationship between political connection and green investment, which supports an institutional logic perspective. The amount of redundant resources also has the same moderating effect, which is consistent with the resource exchange perspective.

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Section: The Roles Of Political Connectionmentioning

confidence: 99%

Section: The Roles Of Political Connectionmentioning

confidence: 99%

Does a Board Chairman’s Political Connection Affect Green Investment?—From a Sustainable Perspective

et al. 2018

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“…In China, the corporate sector contributed 68 percent of total philanthropic giving in 2012 (Li, Song, and Wu 2014). In Vietnam, although the scale of philanthropic activities is smaller (Dang et al 2011), major companies such as Vinamilk operate through state institutions to provide millions of dollars' worth of milk and scholarships to rural children.…”

Section: Contributory Welfare: Rural Health Insurance and Pensionmentioning

confidence: 99%

“…Local religious institutions and movements have also become active in organizing relief to vulnerable groups (Dang et al 2011;Nguyen 2015a;Kupfer 2009). Whilst 'doing charity' is an important cultural value in both countries (Wong 1998;Nguyen-Marshall 2008), it has assumed greater urgency as a moral obligation that individuals, organizations and corporations alike must subscribe to in order to demonstrate their social awareness and responsibility (Sidel 1997;Dang et al 2011;Li, Song, and Wu 2014).…”

Section: Contributory Welfare: Rural Health Insurance and Pensionmentioning

confidence: 99%

“…These local actors participate in welfare provision in ways that gain credentials for them vis-à-vis local people and the state, for whose 'welfare socialization' agenda their participation is instrumental. For corporations, participation in welfare provision often constitutes a strategy for consolidating their political connections and power position in both the market and society (Li, Song, and Wu 2014).…”

Section: Regional and Local Politic Of Needsmentioning

confidence: 99%

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The Caring State? On Rural Welfare Governance in Post-reform Vietnam and China

Nguyen

Chen

2017

Ethics and Social Welfare

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We make three arguments in this review of the literature on rural welfare governance in Vietnam and China. First, welfare restructuring in these countries has gone through two overlapping processes of contraction and expansion, underlined by changing politics of needs and shifting modes of governance since their shift from state to market socialism. Such politics are the outcome of the Communist party-state's dual project of legitimation and control, as widespread social conflicts challenge its legitimacy. Secondly, the dislocations and inequalities induced by marketization have been coupled with greater involvement of a broad range of social actors in welfare provision. Thirdly, the rise of social protection is shaped by state control, wealth disparities between regions and social classes, and a care politics deeming certain groups as failing to meet the human capital requirements of the new economy. While providing some buffer against destitution, existing forms of social protection do little to alleviate the social exclusion and inequality resulting from post-reform dispossession.

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How does social media sentiment impact mass media sentiment? A study of news in the financial markets

Ren

Dong

Padmanabhan

et al. 2021

Asso for Info Science & Tech

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Mass media sentiment of financial news significantly influences investment decisions of investors. Hence, studying how this sentiment emerges is important. In years past, this was straightforward, often dictated by journalists who cover financial news, but this has become more complex now. In this paper, we focus on how social media sentiment affects mass media sentiment. Using data from Sina Weibo and Sina Finance (around 60 million weibos and 6.2 million news articles), we show that social media does influence mass media sentiment emergence for financial news. The sentiment consistency between social media reaction and prior news articles amplifies the persistence of mass media sentiment over time. By contrast, we found limited evidence of social media reducing the persistence of mass media sentiment over time. The results have significant implications for understanding how 2 types of media, treated separately in the literature, may be connected.

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Political Connection, Ownership Structure, and Corporate Philanthropy in China: A Strategic-Political Perspective

Cited by 289 publications

References 53 publications

Does a Board Chairman’s Political Connection Affect Green Investment?—From a Sustainable Perspective

Does a Board Chairman’s Political Connection Affect Green Investment?—From a Sustainable Perspective

The Caring State? On Rural Welfare Governance in Post-reform Vietnam and China

How does social media sentiment impact mass media sentiment? A study of news in the financial markets

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