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Political relations with private enterprise profitability empirical research

Author: ChenRenRu
Tutor: HeWenBiao;LiuWei
School: Shantou University
Course: Accounting
Keywords: Private enterprise executives Political Background Profitability
CLC: F123.15;F224
Type: Master's thesis
Year: 2010
Downloads: 171
Quote: 0
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Abstract


This article to our country 2003-2007 in Shanghai and shenzhen stock exchange listed private enterprises as samples, the empirical study on the political relations of private enterprise profit ability, the influence of the results found that executives political background have significant positive effects on corporate profitability. Further research also found that the executives of local political background impact on corporate profitability than the central political background effect significantly; Executives have political background in enterprise's concrete position different have different impact on corporate profitability; Executives of the NPC and CPPCC background impact on corporate profitability is greater than the background of government officials. These results indicate that the political relationship is a kind of valuable resources, promotes the development of private enterprises.

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CLC: > Economic > Economic planning and management > Economic calculation, economic and mathematical methods > Economic and mathematical methods
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