Boardroom battles: How corporate coalitions influence firms’ resource allocation
Peer-Reviewed Publication
Updates every hour. Last Updated: 11-Sep-2025 09:11 ET (11-Sep-2025 13:11 GMT/UTC)
A new study shows how internal coalitions shape corporate decisions after profitability goals are met. Analyzing Chinese firms, researchers found that shareholder-value coalitions tend to increase dividend payments, while state-endorsed coalitions prioritize corporate philanthropy. These competing goals highlight how internal power dynamics influence how firms allocate surplus resources. The findings offer important insights for investors, executives, and policymakers seeking to understand how companies manage competing objectives such as shareholder satisfaction and social priorities.
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