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Local Gambling Culture and Enterprise Bribery: A Social Norms Theory Perspective

Published online by Cambridge University Press:  09 May 2024

Xi Zhong ,
Can Huang  and
Ge Ren
Xi Zhong
Affiliation:
School of Management, Guangdong University of Technology, Guangzhou, China
Can Huang*
Affiliation:
School of Management, Guangdong University of Technology, Guangzhou, China
Ge Ren
Affiliation:
School of Business Administration, South China University of Technology, Guangzhou, China
*
Corresponding author: Can Huang ([email protected])
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Abstract

Based on social norms theory, we examine the impact of local gambling culture, an unexpected result of government-permitted lotteries, on enterprise bribery. We propose that local gambling cultures can promote active enterprise involvement in bribery activities by reinforcing the speculative psychology of enterprise decision-makers. In addition, we argue that local gambling culture is less likely to lead female (returnee) chairpersons to develop speculative psychology than male (nonreturnee) chairpersons. This, in turn, allows female (returnee) chairpersons to undermine the positive impact of local gambling culture on involvement in enterprise bribery. Based on 11 years of empirical data obtained from privately listed Chinese companies (including 2,637 listed companies with 15,036 firm-year data points), we obtain empirical evidence to support most of these views. This study is the first to explore the relationship between local gambling culture and enterprise bribery, and important insights are provided for shareholders and policy-makers to better curb enterprise bribery.

摘要

摘要

本文采用社会规范理论来研究地方赌博文化对企业贿赂的影响。地方赌博文化常常是政府允许的彩票活动的意外产物。我们提出，地方赌博文化可能会诱导企业决策者的投机心理，从而促使企业参与贿赂活动。但这种效应存在性别差异，男性（非海归）董事长比女 性（海归）董事长更可能产生投机心理。也就是说，女性（海归）任董事长的企业更不可能受当地赌博文化的影响而去贿赂。本文分析了中国民营上市公司的 11 年实证数据（包括 2,637 家上市公司的 15,036 个公司-年份数据），发现上述大部分假设都得到了支持。本研究首次探讨了地方赌博文化 与企业贿赂之间的关系，为股东和政策制定者更好地遏制企业贿赂提供了重要启示。

Keywords

enterprise briberyfemale chairpersonlocal gambling culturereturneesocial norms当地赌博文化企业贿赂女性董事长海归社会规范
Type
Article
Information
Management and Organization Review , Volume 20 , Issue 3 , June 2024 , pp. 466 - 486
Copyright
Copyright © The Author(s), 2024. Published by Cambridge University Press on behalf of International Association for Chinese Management Research

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