Can Confucianism raise enterprise performance? Evidence from Chinese industrial enterprises in Shandong Province. (29th January 2022)
- Record Type:
- Journal Article
- Title:
- Can Confucianism raise enterprise performance? Evidence from Chinese industrial enterprises in Shandong Province. (29th January 2022)
- Main Title:
- Can Confucianism raise enterprise performance? Evidence from Chinese industrial enterprises in Shandong Province
- Authors:
- Zhao, Hongjun
Ding, Zhonghui - Abstract:
- The literature in recent years shows that Confucianism has fostered social trust and has contributed to the East Asian economic miracle and China's economic miracle since 1978. However, few studies have analysed the impact of Confucianism on enterprise performance. Based on a national database of Chinese industrial enterprises in Shandong Province, this study finds that enterprises in a more Confucian environment have lower business costs and tend to have a higher debt ratio, increased trust in their business partners, higher labour productivity and employee wages. However, they tend to pay less tax to the state and have a lower productivity level compared to others. We confirmed many so-called conceptual hypotheses related to the impact of Confucianism using enterprise data for the first time, though there are some limitations in this study.
- Is Part Of:
- European journal of international management. Volume 17:Number 2/3(2022)
- Journal:
- European journal of international management
- Issue:
- Volume 17:Number 2/3(2022)
- Issue Display:
- Volume 17, Issue 2/3 (2022)
- Year:
- 2022
- Volume:
- 17
- Issue:
- 2/3
- Issue Sort Value:
- 2022-0017-NaN-0000
- Page Start:
- 222
- Page End:
- 252
- Publication Date:
- 2022-01-29
- Subjects:
- Confucianism -- enterprise performance -- China -- economic miracle -- state intervention -- Confucian temples -- Confucian chaste women -- Shandong -- trust -- enterprise efficiency
Management -- Periodicals
Organizational behavior -- Periodicals
International business enterprises -- Management -- Periodicals
Globalization -- Periodicals
658.005 - Journal URLs:
- http://www.inderscience.com/ ↗
http://www.inderscience.com/browse/index.php?journalID=216 ↗ - Languages:
- English
- ISSNs:
- 1751-6757
- Deposit Type:
- Legaldeposit
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- Available online (eLD content is only available in our Reading Rooms) ↗
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- British Library DSC - BLDSS-3PM
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- 19064.xml