Finance Research Seminar – Ya Gao
Date: Wednesday 12 March 2025 | Time: 13:00 to 14:00
Location: Newcastle University Business School (NUBS), Room 2.03
- Registration ending soon
The Finance research group welcomes Ya Gao, PhD student at Newcastle University.
He will present his work, entitled "Political Control and Socially Responsible Practices."
About the speaker
Ya Gao is a PhD student at Newcastle University, supervised by Dr Trinh Vu and Professor Bartosz Gebka. This seminar provides an opportunity to gather feedback ahead of a conference presentation.
Research abstract
This study investigates the potential impact of political control on corporate social responsibility (CSR) performance in China. Utilising a hand-collected dataset on the political control of 941 Chinese listed firms from 2010 to 2019, the findings reveal a significant positive relationship between political control and CSR performance.
Additionally, firms implementing party-building reforms demonstrate superior CSR performance when operating in less monopolised markets. These results remain robust across various methodologies, including Differences-in-Differences (DID), Heckman two-stage, and Instrumental Variable (IV) estimation.
This study contributes to the empirical understanding of how direct political connections influence CSR performance and enriches the literature on politically motivated CSR strategies.