Du, Xingqiang - In: Journal of Business Ethics 125 (2014) 2, pp. 299-327
cash from listed firms, through a process called “tunneling.” Using a sample of 10,170 firm-year observations from the … mitigate tunneling. In particular, using firm-level Buddhism data, measured as the number of Buddhist monasteries within a … is significantly negatively associated with tunneling. This finding is consistent with the view that Buddhism has …