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  1.  25
    Environmental Management Under Subnational Institutional Constraints.Shujun Ding, Chunxin Jia, Zhenyu Wu & Wenlong Yuan - 2016 - Journal of Business Ethics 134 (4):631-648.
    This study uses the institutional perspective to examine the interaction effects between the subnational institutional context and firm-level parameters on corporate environmental behaviors, based on a unique cross-sectional data set of private firms compiled from three different sources in China. Our results suggest that both enforcement stringency of environmental regulations at the provincial-level and private firms’ foreign ownership negatively affect compensation fees, which are levies charged for firms’ emissions. Enforcement stringency also moderates the firm-level relationship between foreign ownership and compensation (...)
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  2.  39
    Fraud, Enforcement Action, and the Role of Corporate Governance: Evidence From China.Chunxin Jia, Shujun Ding, Yuanshun Li & Zhenyu Wu - 2009 - Journal of Business Ethics 90 (4):561-576.
    We examine enforcement action in China’s emerging markets by focusing on the agents that impose this action and the role played by supervisory boards. Using newly available databases, we find that supervisory boards play an active role when Chinese listed companies face enforcement action. Listed firms with larger supervisory boards are more likely to have more severe sanctions imposed upon them by the China Security Regulatory Commission, and listed companies that face more severe enforcement actions have more supervisory board meetings. (...)
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  3.  25
    Reactivity and Passivity After Enforcement Actions: Better Late Than Never. [REVIEW]Shujun Ding, Chunxin Jia, Yuanshun Li & Zhenyu Wu - 2010 - Journal of Business Ethics 95 (S2):337 - 359.
    We examine the dynamics between enforcement actions and the responses from both the board of directors and supervisory boards amid China's governance reform. Rather than examining determinants of fraudulent activities, we investigate, after enforcement actions are imposed, whether the board of directors and supervisory boards react differently, and whether their different reactions play a role in preventing future occurrences of frauds. We find that both boards react to enforcement actions, but only the responses from the board of directors help us (...)
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  4.  7
    Revisiting the Effect of Family Involvement on Corporate Social Responsibility: A Behavioral Agency Perspective.Victor Cui, Shujun Ding, Mingzhi Liu & Zhenyu Wu - 2018 - Journal of Business Ethics 152 (1):291-309.
    This paper sheds light on the incongruent findings concerning the relationship between family involvement and firms’ corporate social responsibility. While prior studies have mainly taken the perspective of families’ socioemotional wealth preservation, we approach this relationship from the perspective of behavioral agency theory, highlighting the important role played by CEOs’ family memberships. Specifically, we posit that family firms are more likely to invest in CSR when their CEOs are members of the controlling families. Furthermore, we examine how family firms can (...)
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  5.  17
    Mutual Fund Activism and Market Regulation During the Pre-IFRS Period: The Case of Earnings Informativeness in China From an Ethical Perspective.Shujun Ding, Chunxin Jia & Zhenyu Wu - 2016 - Journal of Business Ethics 138 (4):765-785.
    This paper investigates the emerging effect of mutual fund involvement on the agency problem between majority and minority shareholders during the pre-IFRS period in China indicated by earnings informativeness from an ethical perspective. We find that the presence of mutual fund hampers earnings informativeness implying that mutual funds in general, at their early stage in China, are not yet capable of serving as an effective monitor. This finding is in sharp contrast to the role of institutional investors in mature markets (...)
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  6.  16
    Family Ownership and Corporate Misconduct in U.S. Small Firms.Shujun Ding & Zhenyu Wu - 2014 - Journal of Business Ethics 123 (2):183-195.
  7.  13
    Family Control, Socioemotional Wealth, and Governance Environment: The Case of Bribes.Shujun Ding, Baozhi Qu & Zhenyu Wu - 2016 - Journal of Business Ethics 136 (3):639-654.
    This study examines the relationship between family control and young entrepreneurial firm’s bribing behavior around the globe. Relying on over 2,000 young firms from the World Bank Environment Survey, we find that family control helps to reduce a firm’s bribery behavior, but further investigation shows that this effect only exists in countries with weaker macro-governance environment. In countries with more established and transparent governance mechanism, family control does not seem to make any difference. We interpret our findings as the business (...)
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  8.  9
    Corporate Social Performance of Family Firms: A Place-Based Perspective in the Context of Layoffs.Kihun Kim, Zulfiquer Ali Haider, Zhenyu Wu & Junsheng Dou - forthcoming - Journal of Business Ethics:1-18.
    This paper investigates the layoff behavior, a typical people dimension of corporate social performance, of family firms from a place-based perspective. We theorize that a place-based culture within family firms ensures that all organizational members share a deep sense of connection with the place of operations which makes them inherently care about their impact on society. Using data on layoffs of 2000 largest US firms between 1994 and 2007, we find that family firms do indeed exhibit a lower tendency to (...)
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