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• W2960986487 abstract "This article investigates the impact of political association and managerial power heterogeneity on corporate risk-taking using data of listed companies in China from 2006 to 2015. Politically associated companies demonstrate higher corporate risk-taking, and the impact of managerial power thereon depends on the source thereof. Structurally speaking, board of directors’ supervision, and shareholders’ supervision power are positively associated with corporate risk-taking, but ownership, expert, and prestige power are negatively associated. Political association weakens the influence of structural and prestige power on corporate risk-taking and strengthens the impact of ownership and expert power thereon. The article adds to the literature on political association, managerial power, and corporate risk-taking." @default.
• W2960986487 created "2019-07-23" @default.
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• W2960986487 date "2019-01-01" @default.
• W2960986487 modified "2023-10-13" @default.
• W2960986487 title "Political association, managerial power heterogeneity, and corporate risk-taking in China" @default.
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• W2960986487 doi "https://doi.org/10.1080/1331677x.2019.1634613" @default.
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