This article takes the construction of data open platforms by local governments as a quasi-natural experiment.It uses data on rent-see-king expenditures of Chinese A-share listed com-panies from 2009 to 2022 to construct a staggered difference-in-differences model,examining how the opening of public data resources affects enter-prise rent-seeking behavior.Empirical findings suggest that the opening of public data resources significantly reduces enterprise rent-seeking expenditures.Heterogeneity tests reveal that the opening of public data platforms has a more pro-nounced inhibitory effect on rent-seeking behavior in regions with lower levels of marketization and market trust.Additionally,it exerts a stronger de-terrent effect on rent-seeking behavior in companies with lower quality of internal control and poorer accounting stability.Therefore,this article suggests that the government should advance the construction of data open platforms,enhance regu-latory oversight to curb corporate rent-seeking,increase support for areas with low marketization and trust,reduce the space for rent-seeking,and foster the healthy development of the economy.
Public Data OpennessEnterprise rent-seekingStaggered difference-in-differences model
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NSTL
万方数据
