Title :
Notice of Retraction
Political connections affected the firm value of Chinese energy companies
Author :
Na, Zhao ; Hao, Tian
Author_Institution :
School of Management Harbin Institute of Technology, HIT Harbin, P. R. China
Abstract :
Notice of Retraction
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
The firm value of energy companies was affected by many factors, such as the shareholders, cash flow, and government relationship. This paper investigated the influence of the political connections on the firm value of energy companies in China. The affect of political connections on the effectiveness of firm value was analyzed by using the empirical data. The results show that political connections are key factors and have positive influence on the firm value of energy companies in China
Keywords :
Companies; Government; Law; Stock markets; energy companies; firm value; political connections;
Conference_Titel :
E -Business and E -Government (ICEE), 2011 International Conference on
Conference_Location :
Shanghai, China
Print_ISBN :
978-1-4244-8691-5
DOI :
10.1109/ICEBEG.2011.5881822
