Social Trust and Entrepreneurship: Insights from China's Social Credit System

被引：6

作者：

Fang, Hongxing ^{[1
]}

Chen, Linghong ^{[1
]}

Xiong, Jiacai ^{[2
]}

Zhu, Yushu ^{[3
]}

机构：

[1] Dongbei Univ Finance & Econ, Sch Accounting, Dalian, Peoples R China

[2] Jiangxi Univ Finance & Econ, Sch Accounting, Nanchang, Peoples R China

[3] Univ Queensland, Business Sch, Brisbane, Australia

来源：

FINANCE RESEARCH LETTERS | 2024年 / 62卷

基金：

中国国家自然科学基金;

关键词：

Social credit; Trust; Entrepreneurship; Bank credit; Talent attraction; Regional corruption; CORRUPTION; WAGE;

D O I：

10.1016/j.frl.2024.105118

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

This study examines the impact of China's Social Credit System (CSCS) pilot policy on entrepreneurship on a panel of 2,256 city-year observations across 282 cities from 2012 to 2019. We find that the social credit system promotes entrepreneurship, with the effect being more pronounced in regions characterized by weaker legal environments, lower levels of marketization, and poorer economic conditions. The underlying mechanisms facilitating this impact encompass improved access to bank credit, increased talent attraction, and diminished regional corruption. Our study enriches the existing literature on the relationship between social credit and entrepreneurship and provides policy insights for promoting regional entrepreneurial endeavors.

引用

页数：10

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