We use an unbalanced panel data analysis to examine the effect of political connections(PCs)in state-owned enterprises(SOE)and non-SOEs on the innovation of Chinese environmentally polluting enterprises listed on the ...We use an unbalanced panel data analysis to examine the effect of political connections(PCs)in state-owned enterprises(SOE)and non-SOEs on the innovation of Chinese environmentally polluting enterprises listed on the Shanghai and Shenzhen Stock Exchanges from 2007 to 2016.Our sample consists of 792 firms and 4587 firm-year observations.There are several interesting findings.First,SOEs that are politically linked to the central government promote more innovation in general and more environmental innovation than SOEs without these links.Second,privately-owned enterprises(non-SOEs)with PCs promote less environmental innovation than non-SOEs without PCs.Third,environmental regulation does not affect the environmental innovation of SOEs but it drives non-SOEs with PCs to become more environmentally innovative.Our results enable us to better understand how PCs and regulations affect environmental innovation.展开更多
Africa is one of the important polars in the current political and economic pattern of the world.This paper explores the problems in China’s economic cooperation with Africa from the perspective of Chinese-funded ent...Africa is one of the important polars in the current political and economic pattern of the world.This paper explores the problems in China’s economic cooperation with Africa from the perspective of Chinese-funded enterprises in Africa being pioneers and barometers in the cooperation,and researches sustainable development of China’s economic cooperation with Africa focusing on connectivity and integrating African characteristic.展开更多
基金the Heilongjiang Province Natural Science Fund(No.G2016002)the Northeast Petroleum University Innovation Team Project(No.KYCXTD201805)+1 种基金the Humanity and Social Science Foundation of the Ministry of Education of China(No.17YJC630112)the National Natural Science Foundation of China(No.71702084).
文摘We use an unbalanced panel data analysis to examine the effect of political connections(PCs)in state-owned enterprises(SOE)and non-SOEs on the innovation of Chinese environmentally polluting enterprises listed on the Shanghai and Shenzhen Stock Exchanges from 2007 to 2016.Our sample consists of 792 firms and 4587 firm-year observations.There are several interesting findings.First,SOEs that are politically linked to the central government promote more innovation in general and more environmental innovation than SOEs without these links.Second,privately-owned enterprises(non-SOEs)with PCs promote less environmental innovation than non-SOEs without PCs.Third,environmental regulation does not affect the environmental innovation of SOEs but it drives non-SOEs with PCs to become more environmentally innovative.Our results enable us to better understand how PCs and regulations affect environmental innovation.
文摘Africa is one of the important polars in the current political and economic pattern of the world.This paper explores the problems in China’s economic cooperation with Africa from the perspective of Chinese-funded enterprises in Africa being pioneers and barometers in the cooperation,and researches sustainable development of China’s economic cooperation with Africa focusing on connectivity and integrating African characteristic.
