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Judicial digital intellectualization and corporate online misconduct

Author

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  • Li, Zhen
  • Zheng, Panpan
  • Xie, Huobao

Abstract

Using Chinese A-share listed companies in the information transmission technology service industry from 2013 to 2022, we treat the establishment of Internet Courts as a quasi-natural experiment. In this study, we examine the impact of judicial digital intellectualization (JDI) on corporate online misconduct, employing a time-varying difference-in-different (DID) method. Our findings suggest that JDI has a significant inhibitory effect on corporate online misconduct, particularly inhibiting infringement. This conclusion remains robust after conducting various tests. Heterogeneity analysis reveals that the inhibitory effect is stronger in companies with low media attention, non-state-owned enterprises (SOEs), and poor initial legal environment.

Suggested Citation

  • Li, Zhen & Zheng, Panpan & Xie, Huobao, 2024. "Judicial digital intellectualization and corporate online misconduct," Finance Research Letters, Elsevier, vol. 62(PA).
    • Handle: RePEc:eee:finlet:v:62:y:2024:i:pa:s1544612324001478
    DOI: 10.1016/j.frl.2024.105117
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    Cited by:

    1. Zheng, Panpan & Li, Zhen & Zhuang, Ziyin & Lin, Boyuan, 2024. "Judicial independence and growth investors' decisions," Finance Research Letters, Elsevier, vol. 62(PB).

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    More about this item

    Keywords

    Judicial digital intellectualization; Corporate misconduct; Judicial efficiency; Internet court;
    All these keywords.

    JEL classification:

    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
    • K42 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - Illegal Behavior and the Enforcement of Law

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