Considering macroeconomic data, this paper focuses on Chinese A-share listed firms from 2011 to 2020 and analyzes the relationship between regional criminal offense rates and corporate financial generosity. Specifically, this paper reveals that regional criminal offense rates improve corporate financial generosity by leading to labor outflows. Nevertheless, heterogeneity exists in the impact of the policy above. The executive team's legal and financial backgrounds and stock ownership can mitigate the impacts of regional crime rates on corporate financial generosity. However, executive remuneration incentives can worsen the issue.
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