China's anti-corruption campaign and outward foreign direct investment by state-owned enterprises

被引：7

作者：

Qi, Zhen ^{[1
]}

Kenderdine, Tristan ^{[2
,3
]}

Tang, Tingfeng ^{[4
]}

Liu, Qiren ^{[1
]}

机构：

[1] Guangzhou Univ, Sch Econ & Stat, Guangzhou, Peoples R China

[2] Australian Natl Univ, Crawford Sch Publ Policy, Canberra, ACT, Australia

[3] Future Risk, Alma Ata, Kazakhstan

[4] Southwestern Univ Finance & Econ, 555 Liutai Ave, Chengdu 611130, Sichuan, Peoples R China

来源：

WORLD ECONOMY | 2022年 / 45卷 / 09期

关键词：

anti-corruption campaign; China; incentives and constraints; outward foreign direct investment; state-owned enterprises; INNOVATION; FDI; HETEROGENEITY; PERFORMANCE; LOCATION; IMPACT; WOMEN; WAGES;

D O I：

10.1111/twec.13244

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

This paper explores political factors in the determination of China's State-Owned Enterprises' (SOEs') outward foreign direct investment (OFDI). We examine China's anti-corruption campaign as a political intervention into economic decision making. Based on reliable data on China SOEs' OFDI, we find that the anti-corruption campaign launched by the Chinese Communist Party in 2013 has had a negative influence on the growth of SOEs' OFDI. Further statistical analysis suggests that the negative impact of the anti-corruption campaign on SOEs' OFDI growth is greater when the anti-corruption effort is stronger, the SOE more monopolistic, and the institutional quality of the host state greater.

引用

页码：2950 / 2976

页数：27

共 50 条

[1] Anti-corruption campaign and capacity utilization of state-owned enterprises: Evidence from China's central committee inspection
Feng, Qianbin
Hu, Xiao
Deng, Xinyi
Lu, Jun
[J]. ECONOMIC ANALYSIS AND POLICY, 2023, 80 : 319 - 346
[2] China's State-Owned Enterprises and Canada's Foreign Direct Investment Policy
Dobson, Wendy
[J]. CANADIAN PUBLIC POLICY-ANALYSE DE POLITIQUES, 2017, 43 : S29 - S44
[3] Risks and Firms' Decision Making on Outward Foreign Direct Investment: An Empirical Analysis of China's State-owned Enterprises
Wang, Xiaosong
Wu, Huan
Li, Le
[J]. CHINA & WORLD ECONOMY, 2022, 30 (06) : 163 - 182
[4] Institutionalization to internationalization: The transformational dynamics and outward foreign direct investment of state-owned enterprises
Redding, K. S.
Xie, En
Tang, Qingqing
[J]. INTERNATIONAL JOURNAL OF PUBLIC SECTOR MANAGEMENT, 2018, 31 (02) : 241 - 264
[5] State-owned Enterprises' Outward Investment and the Structural Reform in China
Ligang Song
[J]. China & World Economy, 2011, (04) : 38 - 53
[6] State-owned Enterprises' Outward Investment and the Structural Reform in China
Song, Ligang
Yang, Jidong
Zhang, Yongsheng
[J]. CHINA & WORLD ECONOMY, 2011, 19 (04) : 38 - 53
[7] Outward foreign direct investment by Polish state-owned multinational enterprises: is "stateness' an asset or a burden?
Gotz, Marta
Jankowska, Barbara
[J]. POST-COMMUNIST ECONOMIES, 2018, 30 (02) : 216 - 237
[8] THE EFFECTIVENESS OF THE STATE IN CHINESE OUTWARD FOREIGN DIRECT INVESTMENT: THE "GO GLOBAL" POLICY AND STATE-OWNED ENTERPRISES
Guo, Wenxin
Clougherty, Joseph A.
[J]. EMERGING ECONOMIES AND MULTINATIONAL ENTERPRISES, 2015, : 141 - 159
[9] INTERNATIONALIZATION OF STATE-OWNED ENTERPRISES THROUGH FOREIGN DIRECT INVESTMENT
Cahen, Fernanda Ribeiro
[J]. RAE-REVISTA DE ADMINISTRACAO DE EMPRESAS, 2015, 55 (06): : 645 - 659
[10] Applying Organizational Design Theory for Anti-corruption Strategy in State-owned Enterprises
Su Xing-xing
Zhang Zeng-tian
Dong Jiao-jiao
[J]. PROCEEDINGS OF 2009 INTERNATIONAL CONFERENCE ON PUBLIC ADMINISTRATION (5TH), VOL II, 2009, : 591 - 596

← 1 2 3 4 5 →