{"title":"Silent generosity: The impact of regulatory distance on silent donations","authors":"Yuan Zhong , Xiaobing Lai , Lei Tan","doi":"10.1016/j.econlet.2024.112130","DOIUrl":null,"url":null,"abstract":"<div><div>This study examines the impact of regulatory distance on silent donations. The findings indicate a significant positive correlation between regulatory distance and corporate silent donations, confirming the distance decay effect. Besides, political connections strengthen the relationship between regulatory distance and silent donations, while media attention and analyst scrutiny limit this positive relationship. The above impacts are more pronounced in non-state-owned enterprises, highly competitive industries, and heavily polluting sectors.</div></div>","PeriodicalId":11468,"journal":{"name":"Economics Letters","volume":"247 ","pages":"Article 112130"},"PeriodicalIF":2.1000,"publicationDate":"2025-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Economics Letters","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0165176524006141","RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
This study examines the impact of regulatory distance on silent donations. The findings indicate a significant positive correlation between regulatory distance and corporate silent donations, confirming the distance decay effect. Besides, political connections strengthen the relationship between regulatory distance and silent donations, while media attention and analyst scrutiny limit this positive relationship. The above impacts are more pronounced in non-state-owned enterprises, highly competitive industries, and heavily polluting sectors.
期刊介绍：
Many economists today are concerned by the proliferation of journals and the concomitant labyrinth of research to be conquered in order to reach the specific information they require. To combat this tendency, Economics Letters has been conceived and designed outside the realm of the traditional economics journal. As a Letters Journal, it consists of concise communications (letters) that provide a means of rapid and efficient dissemination of new results, models and methods in all fields of economic research.
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