Political Connection in the Board, Accounting Conservatism and Firm Value
Political connection is an important and scarce resource for companies to operate in emerging markets,such as Malaysian,China.This study investigates the relationships among board political connection,accounting conservatism and firm value taking the listed companies in China as sample.The results indicate that political connection in the board reduces accounting conservatism,especially in private listed companies.Meanwhile,it is found that accounting conservatism is helpful for increasing firm value.However,the results show that political connection in the board would weaken the positive relationship between accounting conservatism and firm value.
Political Connection Board Structure Accounting Conservatism Firm Value
Peng Wang Long Zhou Hongjian Zhao
International Studies University
国内会议
昆明
英文
46-49
2012-07-01（万方平台首次上网日期，不代表论文的发表时间）