捐赠:民营企业强化政治关联的手段?
财经研究 2011 年 第 37 卷第 11 期, 页码:103 - 113
摘要
参考文献
摘要
文章研究了政治关联对民营企业在汶川地震后捐赠行为的影响,以及捐赠后民营企业从政府获得的支持。研究发现,已有政治关联显著影响了民营企业的捐赠行为,即具有政治关联的民营企业更倾向于在地震后进行捐赠。从经济后果看,捐赠后捐赠民营企业在获得银行贷款和税收方面比未捐赠企业获得了更多的优惠。文章研究表明,在中国现阶段,民营企业的捐赠行为是策略性的,其利用捐赠巩固政治关联,从而进一步获得政府的支持。
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[2]山立威,甘犁,郑涛.公司捐款与经济动机——汶川地震后中国上市公司捐款的实证研究[J].经济研究,2008,(11):51-61.
[3]田志龙,高勇强,卫武.中国企业政治策略与行为研究[J].管理世界,2003,(12):98-106.
[4]卫武.中国环境下企业政治资源、政治策略和政治绩效及其关系研究[J].管理世界,2006,(2):95-109.
[5]吴文锋,吴冲锋,刘晓薇.中国民营上市公司高管的政府背景与公司价值[J].经济研究,2008,(7):130-141.
[6]余明桂,潘红波.政治关系、制度环境与民营企业银行贷款[J].管理世界,2008,(8):9-21.
[7]Brown W O,Helland E,Smith J K.Corporate philanthropic practices[J].Journal of Cor-porate Finance,2006,(5):855-877.
[8]Claessens S,Feijen E,Laeven L.Political connections and preferential access to finance:The role of campaign contributions[J].Journal of Financial Economics,2008,(3):554-580.
[9]Cornell B,Shapiro A.Corporate stakeholders and corporate finance[J].Financial Man-agement,1987,16(Spring):5-14.
[10]Correia M M.Political connections,SEC enforcement and accounting quality[R].Working Paper,Stanford University,2009.
[11]Faccio M.Politically connected firms[J].American Economic Review,2006,(1):369-386.
[12]Johnson S,Mitton T.Cronyism and capital controls:Evidence from Malaysia[J].Jour-nal of Financial Economics,2003,(2):351-382.
[13]Mian A,Khwaja A I.Tracing the impact of bank liquidity shocks:Evidence from anemerging market[J].American Economic Review,2008,(4):1413-1442.
[14]Navarro P.Why do corporations give to charity?[J]Journal of Business,1988,61(1):65-93.
[15]Roberts B E.A dead senator tells no lies:Seniority and the distribution of federal bene-fits[J].American Journal of Political Science,1990,(1):31-58.
[16]Williams R J,Barrett J D.Corporate philanthropy,criminal activity,and firm reputa-tion:Is there a link?[J].Journal of Business Ethics,2000,(4):341-350.
[17]Zhang R,Zhu J,Yue H,et al.Corporate philanthropic giving,advertising intensity,andindustry competition level[J].Journal of Business Ethics,2010,(1):39-52.
[18]Zhang R,Rezaee Z,Zhu J.Corporate philanthropic disaster response and ownershiptype:Evidence from Chinese firms’response to the Sichuan earthquake[J].Journal ofBusiness Ethics,2009,(1):51-63.
引用本文
薛爽, 肖星. 捐赠:民营企业强化政治关联的手段?[J]. 财经研究, 2011, 37(11): 103–113.
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