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has been cited by the following article:

• TITLE: The Impact of Corporate Participation in Poverty Alleviation under the Background of Rural Revitalization on Financial Performance

  AUTHORS: Lina Kan, Luoqi Song

  KEYWORDS: Corporate Participation in Rural Revitalization, Financial Performance, Financing Constraints, Propensity Score Matching

  JOURNAL NAME: American Journal of Industrial and Business Management, Vol.13 No.9, September 15, 2023

  ABSTRACT: Corporations, as pivotal agents in rural economic development, wield significant influence in the advancement of rural revitalization. Their engagement in this process not only holds the potential to stimulate the growth of distinctive agricultural industries within the region and solidify the accomplishments in poverty alleviation, but also paves new avenues for the fulfillment of their social responsibilities, thereby enhancing their capacity to generate profits. Based on a sample of Chinese A-share listed companies from 2018 to 2021, an Ordinary Least Squares (OLS) model was employed to empirically examine the impact and mechanisms of corporate participation in rural revitalization on their financial performance. The research findings indicate that engaging in rural revitalization effectively enhances the financial performance of companies. The mediating role of financial constraints was identified in this relationship. Further investigations reveal that the positive impact of corporate engagement in rural revitalization on financial performance is particularly pronounced among non-state-owned enterprises and within the central and eastern regions of the country.