Our study examines the influence of institutional investors on firm investment efficiency based on the non-financial firms listed on Chinese stock exchanges over the period of 2009–2014. Our results show that institutional ownership generally improves firm investment efficiency. However, after...

This study empirically examines the association among R&D engagement, seeking finance and perceived financial constraints in high-tech SMEs. R&D engagement includes the decision of R&D engagement (whether a firm was engaged in R&D) and the degree of R&D engagement (actual R&D expenditure). I...

The Grain for Green Program (GFGP) in China, one of the largest Payment for Ecosystem Service (PES) schemes, has been regarded as an effective approach to achieving sustainable development. However, the conclusion of the impact of GFGP on farmers’ income reported in the existing literature is...

This paper examines the relation between corporate social responsibility (CSR) and firm financial performance - a topic that continues to generate debate among academics and practitioners. We focus on firms included in the 100 Best Corporate Citizens (BCC) rankings from 2009 to 2022, a list that...

This paper systematically reviews research on organizational socialization by examining ten key theories within four major perspectives: Uncertainty Reduction, Identity Affiliation, Social Exchange, and Resource. We aim to address three main research questions: (1) What motivates individuals to...