Keywords: Exploration
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Journal Articles
Chinese Management Studies (2026) 20 (8): 2177–2199.
Published: 23 December 2025
.... Moreover, if the focal firm has a CEO who served as a national-level politician, the negative effect of state ownership on exploration will be weakened, and if the focal firm has a CEO who has served as a municipal- or county-level politician, the positive effect of state ownership on exploitation...

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