Matches in SemOpenAlex for { <https://semopenalex.org/work/W4384405440> ?p ?o ?g. }
- W4384405440 endingPage "3609" @default.
- W4384405440 startingPage "3577" @default.
- W4384405440 abstract "Focusing on Google’s withdrawal from mainland China as a unique setting, this study investigates the impact of information blocking on corporate over-investment. Using a sample of Chinese firms during the period of 2007 to 2014 and employing a difference-in-difference (DID) approach, our findings reveal that corporate over-investment is significantly higher for the treatment firms (firms with high international sales) in the post-period of Google’s withdrawal than that in the pre-period of Google’s withdrawal, suggesting that overseas information blocking boosts corporate over-investment for firms with more global business. Moreover, the positive relation between Google’s exit and firm-level over-investment is less pronounced for cross-listed firms than for non-cross-listed firms, implying that cross listing plays a crucial role in breaking overseas information blockade on internet search for domestic investors. Above findings are still valid after using alternative measures to capture over-investment and the treatment group. Mechanism analysis and heterogeneity tests show that Google’s exit may exacerbate agency conflicts and thus leads to an increase in corporate over-investment. Our study provides an important reference for the understanding of the roles of internet search in information transmission and corporate governance." @default.
- W4384405440 created "2023-07-16" @default.
- W4384405440 creator A5011369077 @default.
- W4384405440 creator A5013158456 @default.
- W4384405440 creator A5076351530 @default.
- W4384405440 date "2023-07-15" @default.
- W4384405440 modified "2023-09-25" @default.
- W4384405440 title "Does Information Blocking on Internet Matter Corporate Over-Investment: Evidence from a Quasi-Natural Experiment in China" @default.
- W4384405440 cites W14629928 @default.
- W4384405440 cites W1961323198 @default.
- W4384405440 cites W1968431919 @default.
- W4384405440 cites W1970218265 @default.
- W4384405440 cites W1992314912 @default.
- W4384405440 cites W2007946665 @default.
- W4384405440 cites W2026593092 @default.
- W4384405440 cites W2029578438 @default.
- W4384405440 cites W2051685750 @default.
- W4384405440 cites W2056549006 @default.
- W4384405440 cites W2057785092 @default.
- W4384405440 cites W2064070726 @default.
- W4384405440 cites W2076797756 @default.
- W4384405440 cites W2078587154 @default.
- W4384405440 cites W2113942631 @default.
- W4384405440 cites W2129123189 @default.
- W4384405440 cites W2130149655 @default.
- W4384405440 cites W2141116065 @default.
- W4384405440 cites W2141815851 @default.
- W4384405440 cites W2158771693 @default.
- W4384405440 cites W2388684055 @default.
- W4384405440 cites W2397918923 @default.
- W4384405440 cites W2752617332 @default.
- W4384405440 cites W2906660673 @default.
- W4384405440 cites W2936757902 @default.
- W4384405440 cites W2973659375 @default.
- W4384405440 cites W3021497659 @default.
- W4384405440 cites W3039163369 @default.
- W4384405440 cites W3042456606 @default.
- W4384405440 cites W3095366067 @default.
- W4384405440 cites W3101982790 @default.
- W4384405440 cites W3121353099 @default.
- W4384405440 cites W3121356837 @default.
- W4384405440 cites W3121608236 @default.
- W4384405440 cites W3121693921 @default.
- W4384405440 cites W3122480927 @default.
- W4384405440 cites W3122573679 @default.
- W4384405440 cites W3122986393 @default.
- W4384405440 cites W3123257057 @default.
- W4384405440 cites W3123735579 @default.
- W4384405440 cites W3123922270 @default.
- W4384405440 cites W3124278937 @default.
- W4384405440 cites W3124538093 @default.
- W4384405440 cites W3124599649 @default.
- W4384405440 cites W3125353988 @default.
- W4384405440 cites W3125499115 @default.
- W4384405440 cites W3125510660 @default.
- W4384405440 cites W3125686936 @default.
- W4384405440 cites W3134312774 @default.
- W4384405440 cites W3140913944 @default.
- W4384405440 cites W4206995288 @default.
- W4384405440 cites W4304688668 @default.
- W4384405440 cites W4304695359 @default.
- W4384405440 doi "https://doi.org/10.1080/1540496x.2023.2223931" @default.
- W4384405440 hasPublicationYear "2023" @default.
- W4384405440 type Work @default.
- W4384405440 citedByCount "0" @default.
- W4384405440 crossrefType "journal-article" @default.
- W4384405440 hasAuthorship W4384405440A5011369077 @default.
- W4384405440 hasAuthorship W4384405440A5013158456 @default.
- W4384405440 hasAuthorship W4384405440A5076351530 @default.
- W4384405440 hasConcept C10138342 @default.
- W4384405440 hasConcept C105795698 @default.
- W4384405440 hasConcept C108170787 @default.
- W4384405440 hasConcept C110875604 @default.
- W4384405440 hasConcept C111472728 @default.
- W4384405440 hasConcept C121955636 @default.
- W4384405440 hasConcept C136764020 @default.
- W4384405440 hasConcept C138885662 @default.
- W4384405440 hasConcept C144133560 @default.
- W4384405440 hasConcept C144745244 @default.
- W4384405440 hasConcept C162324750 @default.
- W4384405440 hasConcept C17744445 @default.
- W4384405440 hasConcept C185592680 @default.
- W4384405440 hasConcept C191935318 @default.
- W4384405440 hasConcept C198531522 @default.
- W4384405440 hasConcept C199539241 @default.
- W4384405440 hasConcept C27548731 @default.
- W4384405440 hasConcept C2779820595 @default.
- W4384405440 hasConcept C33923547 @default.
- W4384405440 hasConcept C39389867 @default.
- W4384405440 hasConcept C41008148 @default.
- W4384405440 hasConcept C43617362 @default.
- W4384405440 hasConcept C49630185 @default.
- W4384405440 hasConcept C556758197 @default.
- W4384405440 hasConcept C94625758 @default.
- W4384405440 hasConceptScore W4384405440C10138342 @default.
- W4384405440 hasConceptScore W4384405440C105795698 @default.
- W4384405440 hasConceptScore W4384405440C108170787 @default.
- W4384405440 hasConceptScore W4384405440C110875604 @default.