This paper analyses the tail risk contagion of US market implied volatility (USIV) on China's energy futures (CEF) markets, exploring how to utilize operations in the CEF to achieve a safe haven. Leveraging CEF characteristics to simultaneously take both long-/short-positions and engage in...

Investment and financing are crucial for the healthy development of modern enterprises. A series of recent studies have examined various influential factors of financial constraints of enterprises, but few researchers have incorporated the influential factors simultaneously. This study...

Scarcity-based marketing strategies (e.g., limited edition products) have widely been embraced by firms to increase sales. Recently, a similar practice has been increasingly adopted in reward-based crowdfunding platforms in the form of reward limits, whereby project creators are able to restrict...

In this study, we integrate the insights of consumption value theory and the crowdfunding literature to develop a value-based view of crowdfunding rewards to systematically theorize and synthesize the underlying mechanisms through which the various rewards offered by crowdfunding projects can...

Crowdfunding has gained momentum in recent years. Even though an increasing amount of research has been devoted to the economic value of crowdfunding marketplaces, the interactions and effects among crowdfunding projects have yet to be fully studied. The current study strives to bridge this gap...