Zhao, Hailin; Teng, Haimeng; Wu, Qiang - In: China journal of accounting research : CJAR 11 (2018) 1, pp. 1-19
This study examines whether corporate culture promotion affects firm performance in China in terms of firm market value, firm financial performance and innovation output. We find consistent evidence that corporate culture promotion is negatively related to firm market value, positively related...