Legitimacy, Efficiency and Uncertainty: Decoding the Financial Consequences of Common Prosperity on Digital Firms
Lili Qiao & Jiafan Sun · Asian Journal of Economics, Business and Accounting · 2025
This study decodes the financial implications of China's common prosperity initiatives for digital firms through the integrated lenses of legitimacy theory, resource-based theory, and institutional theory. Using a panel dataset of 5,170 firm-year observations from 2011 to 2022, w...
Open access
Research Article
10.9734/ajeba/2025/v25i112067