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This paper explores whether and how political connections affect the likelihood of completing a cross-border M&A deal for Chinese publicly listed, but privately-owned enterprises (POEs) and the resulting firm performance. In line with our proposed political connection trade-off theory, we find...
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This paper explores how implicit government guarantees affect the yield spreads of Chinese corporate bonds. We argue that quasi-municipal corporate bonds (“Chengtou” bonds), issued by local government financing vehicles (LGFVs), carry an implicit government guarantee and therefore enjoy a...
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Part 1: Introduction -- Chapter 1: Climate Change Adaptation: An Overview -- Chapter 2: Defining Net-Zero and Climate Recommendations for Carbon Offsetting -- Part 2: Ecology and the Natural Environment -- Chapter 3: Green Infrastructure Mapping for Adaptation, Biodiversity, and Health and...
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Chapter 1: Introduction -- Part I: Framework of Financial Water Risk -- Chapter 2: Drivers of water risk and their interaction -- Chapter 3: Water risk and climate change -- Chapter 4: Interaction effects of water risk in finance and society -- Chapter 5: Opportunities from water risk -- Part...
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