Jiang, Zhengyou (2025) The Impact Of Political Uncertainty On The Risk-Taking Behavior Of Listed Companies In China：The Moderating Role Of State Ownership. PhD thesis, Universiti Sains Malaysia.
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Abstract
This study investigates the impact of political uncertainty on the risk-taking of listed companies in China. Political uncertainty refers to the local official changes in the municipal-level city government, and political uncertainty is divided into three different types, i.e., (i) turnover of mayor; (ii) turnover of the secretary of Communist Party of China (CPC) municipal committee; (iii) turnovers of either mayor or CPC secretary, to see whether the impact of political uncertainty on corporate risk-taking is related to the type of official. Additionally, this study also investigates the moderating effect of state ownership ties. The sample frame for this study is from 2012-2024 covering 1470 non-financial listed companies in China.
| Item Type: | Thesis (PhD) |
|---|---|
| Subjects: | H Social Sciences > HD Industries. Land use. Labor > HD28-70 Management. Industrial Management |
| Divisions: | Pusat Pengajian Pengurusan (School of Management) > Thesis |
| Depositing User: | Mr Aizat Asmawi Abdul Rahim |
| Date Deposited: | 17 Sep 2026 01:16 |
| Last Modified: | 17 Sep 2026 01:16 |
| URI: | http://eprints.usm.my/id/eprint/64956 |
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