@article{(Open Science Index):https://publications.waset.org/pdf/10013657,
	  title     = {Performance Shortfalls and Corporate Recidivism: A Contingency Approach},
	  author    = {Kepeng Li},
	  country	= {},
	  institution	= {},
	  abstract     = {This paper examines the phenomenon of recidivism in the Chinese stock market, emphasizing the significance of mitigating repeat offences within the corporate domain. Using a contingency model and data from Chinese publicly listed companies (1999-2018), the study investigates the impact of underperformance, governance factors, and managerial traits on unethical conduct. The research suggests that persistently unmet economic objectives can foster problem-focused exploration, potentially leading to misconduct. Furthermore, the study considers the unique cultural context of China, where “guanxi” and corruption may influence corporate behavior. It concludes that governance mechanisms play a pivotal role in regulating corporate behavior, underscoring the necessity for enhanced oversight and enforcement of corporate governance standards.},
	    journal   = {International Journal of Mechanical and Industrial Engineering},
	  volume    = {18},
	  number    = {5},
	  year      = {2024},
	  pages     = {188 - 197},
	  ee        = {https://publications.waset.org/pdf/10013657},
	  url   	= {https://publications.waset.org/vol/209},
	  bibsource = {https://publications.waset.org/},
	  issn  	= {eISSN: 1307-6892},
	  publisher = {World Academy of Science, Engineering and Technology},
	  index 	= {Open Science Index 209, 2024},
	}