Li, Jingjing; Zhao, Liming - In: China Journal of Accounting Research 8 (2015) 1, pp. 25-39
We construct a new measure to capture corporate political connections, which is based on the amount a corporation … officials, which implies that non-SOEs have stronger incentives to build political connections with officials through social … performance and valuation, which suggests that political connections built through social intercourse benefit corporations. …