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Haikun Zhu

Assistant Professor, Erasmus School of Economics

By this expert

Social Stability and Resource Allocation within Business Groups

Article By Haikun Zhu | Aug 22, 2018

In China, the government uses the purses strings of state-owned enterprises to control social unrest

Social Stability and Resource Allocation within Business Groups

Paper Working Paper Series | By Haikun Zhu | Aug 2018

Using datasets on transactions within business groups and social sentiment in China, I show that state-owned enterprises (SOEs) use internal funds to address social unrest, complying with the government’s political goals.