Showing 1 - 10 of 48
We evaluate the effect of the Central Environmental Protection Inspection (CEPI) in China on green innovation for Chinese A-share firms from 2007 to 2019. The results of the difference-in-differences estimation show that the CEPI has a long-term positive effect on corporate green innovation in...
Persistent link: https://www.econbiz.de/10013306334
We investigate the effect of the accelerated depreciation Policy (ADP) on the corporate social responsibility (CSR) of Chinese A-share firms from 2010 to 2016. The results of difference-in-differences estimation reveal that the ADP has a considerable effect on CSR performance, particularly in...
Persistent link: https://www.econbiz.de/10014265336
This study examines the relationship between analyst forecast dispersion or accuracy and supplier concentration of listed firms in China from 2008 to 2019. Our findings suggest that higher supplier concentration is associated with lower analyst forecast dispersion, which can be attributed to the...
Persistent link: https://www.econbiz.de/10014463548
The association between social capital and household income has received inadequate attention over the past decade. We examine the role of social capital in household income using three waves of household surveys from 2011 to 2015 in China. Using “local big surname or not” as the...
Persistent link: https://www.econbiz.de/10014465907
In this study, we examine the effect of introducing SSE 50ETF index options trading on stock market volatility using a panel data evaluation approach. Based on the cross-sectional dependence among international stock indices and macroeconomic indicators, we estimate the counterfactual volatility...
Persistent link: https://www.econbiz.de/10013168752
In terms of China’s financial intermediation ratio (FIMR) in stock, we make a thorough empirical study on the change of the ratios during 1992–2006. We find that: The monopoly position of bank credit in the financing channel of non-financial sector is weakened, but bank credit is still the...
Persistent link: https://www.econbiz.de/10011015231
This paper presents an empirical analysis of the influence of ownership structure and board independence on bond yield spread in BRIC countries, 2007-2016. The main finding of the study is the presence of significant country-specific effects of ownership structure on the cost of debt, and the...
Persistent link: https://www.econbiz.de/10012890447
Ambiguous prospects are ubiquitous in social and economic life, but the psychological foundations of behavior under ambiguity are still not well understood. One of the most robust empirical regularities is the strong correlation between attitudes towards ambiguity and compound risk which...
Persistent link: https://www.econbiz.de/10014544917
In many markets, firms make their products complex through add-on features, thus making them difficult to evaluate and compare. Does this product obfuscation lure buyers into buying overpriced products, and if so, why does competition not eliminate this practice? More generally, under which...
Persistent link: https://www.econbiz.de/10013548772
Persistent link: https://www.econbiz.de/10014336437