TITLE:
Anti-Corruption, Government Subsidies and Corporate Innovation Investment—Based on the Perspective of Rent-Seeking Theory
AUTHORS:
Yingying Liang, Qi Wang
KEYWORDS:
Anti-Corruption, Rent-Seeking, Government Subsidies, Corporate Innovation Investment
JOURNAL NAME:
Chinese Studies,
Vol.6 No.1,
February
24,
2017
ABSTRACT: Based on the data of A-share listed companies from 2009 to 2014, this paper discusses the effect of government subsidies on corporation innovation investment under different ownerships by comparing the two groups of state- owned enterprises and non-state-owned enterprises. And we join two factors of the anti-corruption and the process of marketization to further analyze the effect of government subsidies on the adjustment of corporate innovation investment under the environment of the anti-corruption.