Does Religion Matter to Owner-Manager Agency Costs? Evidence from China

In China, Buddhism and Taoism are two major religions. Using a sample of 10,363 firm-year observations from the Chinese stock market for the period of 2001–2010, I provide strong and robust evidence that religion (i.e., Buddhism and Taoism on the whole) is significantly negatively associated with ow...

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Bibliographic Details
Main Author: Du, Xingqiang (Author)
Format: Electronic Article
Language:English
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Published: Springer 2013
In: Journal of business ethics
Year: 2013, Volume: 118, Issue: 2, Pages: 319-347
Further subjects:B Owner-manager agency costs
B Asset utilization ratio
B Expense ratio
B Taoism
B Buddhism
B Business Ethics
B China
B Religion
B External monitoring mechanisms
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