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Regional cultural inclusiveness and firm performance in China

Business

Regional cultural inclusiveness and firm performance in China

L. Mao, G. Sun, et al.

This fascinating study delves into how regional cultural inclusiveness impacts firm performance in China, revealing that greater inclusiveness correlates positively with return on equity (ROE). Conducted by Lina Mao, Guangfan Sun, Yining He, Shanshan Zheng, and Changwei Guo, it identifies key mechanisms like reduced financial constraints driving this relationship, particularly for companies excelling in corporate social responsibility (CSR) and research and development (R&D).

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