According to the theory of institutional economics, local culture has a profound impact on
individuals and groups. It fundamentally affects individual preferences and attitudes, guiding …

We investigate the effect of drinking culture on corporate cash holdings using a sample of
Chinese firms from 2011 to 2021. The findings suggest that the popularity of drinking culture …

This study investigates whether social drinking culture (SDC), as an informal institution,
impacts the cost of bank loans to a firm. Studies suggest that SDC influences individual …

This study aimed to undertake a time-series, multi-level investigation involving construction
project managers and workers to assess the influence of ethical or abusive leadership on …

We aim to explore the prerequisites for corporate sustainability from the perspective of non-
formal institutions such as culture. Specifically, we seek to investigate whether and how …

This paper reveals that male-dominant social networks through alcohol drinking is an
important determinant that hinders women ascending onto corporate boards. Specifically …

This paper examines the impact of corporate alcohol culture on employee treatment, and
find that a rich corporate alcohol culture atmosphere is negative significantly associated with …

Chinese guanxi may contribute to the explanation of the rapid growth of Chinese firms. This
study uses drinking culture, regarded as a typical feature of guanxi-oriented culture, and …

Existing studies have explored the causal effect of social capital on harmful drinking, while
the effect of drinking habits on trust is scant. In China, drinking rituals and drinking culture …

This thesis consists of three essays. Essay one investigates the effect of chief executive
officer (CEO) pay disparity on firm performance using a large sample of Chinese listed firms …