1 results for ‘Trading Favours’
Trading Favours through the Revolving Door: Evidence from China’s Primary Land Market

By matching data on land transactions in China’s primary land market with detailed curriculum-vitae of board directors in publicly listed firms, we identify a pattern of “revolving door” exchanges between local officials and firms. The officials discounted the price of land which they sold to the said firms, and were subsequently rewarded with board appointments upon retirement.

2021-11-01
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