Anti-Corruption, Government Subsidies and Corporate Innovation Investment—Based on the Perspective of Rent-Seeking Theory

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DOI: 10.4236/chnstd.2017.61006    1,888 Downloads   3,328 Views  Citations
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ABSTRACT

Based on the data of A-share listed companies from 2009 to 2014, this paper discusses the effect of government subsidies on corporation innovation investment under different ownerships by comparing the two groups of state- owned enterprises and non-state-owned enterprises. And we join two factors of the anti-corruption and the process of marketization to further analyze the effect of government subsidies on the adjustment of corporate innovation investment under the environment of the anti-corruption.

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Liang, Y. and Wang, Q. (2017) Anti-Corruption, Government Subsidies and Corporate Innovation Investment—Based on the Perspective of Rent-Seeking Theory. Chinese Studies, 6, 44-54. doi: 10.4236/chnstd.2017.61006.

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