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those without. Using the recent anti-corruption campaign in China as a quasi-experiment, we investigate how endeavors for … counter-corruption affect inequality and potential cronyism in bureaucratic employment through inter-generational transmission … more than 5 percentage points. Moreover, we explore potential mechanisms through which anti-corruption efforts have …
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This study employs the firm-level political risk (FLPR) measure proposed by Hassan et al. (2019) to explore the association between firms’ political risk and their earnings management practices. Test results confirm that firms facing higher FLPR engage in higher real and accrual-based earnings...
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