Showing 1 - 10 of 20
This paper examines the relationship between modern health pandemic crises and financial stability. Specifically, it collects data on 250,223 firms in 43 countries (or regions) during five modern pandemic crises, SARS (2003), H1N1 (2009), MERS (2012), Ebola (2014), and Zika (2016), and finds...
Persistent link: https://www.econbiz.de/10014258192
We examine the association between auditor choice and the accruals patterns of Chinese listed firms that cross-list in Hong Kong. Our evidence suggests that the clients of Big 4 auditors report lower unsigned discretionary accruals relative to the clients of non-Big 4 auditors. Further, we find...
Persistent link: https://www.econbiz.de/10011823824
This thesis lies at the intersection of mathematics, finance and numerical methods. The financial question of how to model credit risk, specifically corporate bond defaults, and how to model correlations between defaults, motivates our study of the mathematics behind a specific kind of credit...
Persistent link: https://www.econbiz.de/10012846216
This impact of the COVID-19 on state-owned enterprises (SOEs) and non state-owned enterprises (NSOEs) are different. In addition, the benefits obtained by SOEs and NSOEs through value-added tax (VAT) reduction policy are not the same as well. COVID-19 adversely affect Chinese listed firms but...
Persistent link: https://www.econbiz.de/10014239618
Firms can purchase innovation results to improve their technology. In this context, the key to transfer success is reasonably priced innovation results. Considering the match between innovation results and firm technology, this study analyzes the nonlinear improvement effect of innovation...
Persistent link: https://www.econbiz.de/10014330733
Mulching and biochar are increasingly used individually in agriculture, but little is known about their combined effects on N2O distribution and dispersion in ridge and furrow profiles. We conducted a 2-year field experiment in northern China to determine soil N2O concentrations using the in...
Persistent link: https://www.econbiz.de/10014361184
In this paper, I examine how labor shortage affects hiring-return relationship. I construct firm-year level measure of labor shortage using textual analysis of firms' SEC fillings. I show that the negative relationship between firm's hiring rate and its future return is only significant for...
Persistent link: https://www.econbiz.de/10014349824
Although saline aquatic ecosystems are important emitters of greenhouse gases (GHGs), dynamic changes in GHGs at the sediment-water interface remain unclear. This study conducted four sampling campaigns in Daihai Lake, a eutrophic saline lake in a semi-arid region of northern China. The aim of...
Persistent link: https://www.econbiz.de/10014260370
In this paper, we propose an approach based on mean-conditional-value-at-risk (MCVaR) to Euler capital allocation via adjusting the probability level, which takes into account the different attitudes of investors towards risk by considering the optimistic coefficient. We obtain a new probability...
Persistent link: https://www.econbiz.de/10014241941
Persistent link: https://www.econbiz.de/10015069325