# Corporate Diversification
**Source**: https://bm.hkust.edu.hk/bizinsight/tag/corporate-diversification
**Parent**: https://bm.hkust.edu.hk/bizinsight/global-trade-supply-chains-and-business-sustainability
[WANG, Danqing](https://bm.hkust.edu.hk/faculty/wang-danqing)
LUO, Xiaowei Rose
[Retire in Peace: Officials’ Political Incentives and Corporate Diversification in China](https://bm.hkust.edu.hk/bizinsight/2022/04/retire-peace-officials-political-incentives-and-corporate-diversification-china)
[Political Economy](https://bm.hkust.edu.hk/bizinsight/tag/political-economy)
[Corporate Diversification](https://bm.hkust.edu.hk/bizinsight/tag/corporate-diversification)
[Market Transition](https://bm.hkust.edu.hk/bizinsight/tag/market-transition)
[China](https://bm.hkust.edu.hk/bizinsight/tag/china)
Since the market reform of 1978, China has seen phenomenal economic growth; however, this has come at the cost of significant environmental damage and rising social inequality. As such, the 2004 campaign of “Building a Harmonious Socialist Society” has become a key party resolution and government objective. Ultimately, China places maintaining social
...
[Read More](https://bm.hkust.edu.hk/bizinsight/2022/04/retire-peace-officials-political-incentives-and-corporate-diversification-china)
[ [BizStudies](https://bm.hkust.edu.hk/bizinsight/bizstudies "BizStudies") ]
[ [Global Trade, Supply Chains and Business Sustainability](https://bm.hkust.edu.hk/bizinsight/global-trade-supply-chains-and-business-sustainability "Global Trade, Supply Chains and Business Sustainability") ]
[Read Full Paper](https://mgmt.hkust.edu.hk/sites/management/files/2022-09/2018%20ASQ%20Wang%20and%20Luo.pdf)