Zhao, Hailin; Teng, Haimeng; Wu, Qiang - In: China Journal of Accounting Research 11 (2018) 1, pp. 1-19
This study examines whether corporate culture promotion affects firm performance in China in terms of firm market value …, firm financial performance and innovation output. We find consistent evidence that corporate culture promotion is … performance. In addition, the negative effect of corporate culture promotion on firm market value is driven by small firms and …