Stock repurchase, one of the most important ways to distribute earnings to shareholders, is often interpreted as a signal of underpricing of the firm's stocks. However, two anomalies can be observed in the stock repurchase behavior: (1) Prices of repurchased stocks often do not increase as...

Recommender systems represent an important tool for news distribution on the Internet. In this work we modify a recently proposed social recommendation model in order to deal with no explicit ratings of users on news. The model consists of a network of users which continually adapts in order to...

Through the collection of related literature, we point out the six major factors influencing China's forestry enterprises' financing: insufficient national support; regulations and institutional environmental factors; narrow channels of financing; inappropriate existing mortgage-backed approach;...

We offer an institution-based view to the classic inquiry on the relationship between family business and firm performance, which has been dominated by traditional theories such as agency theory and the resource-based view. Specifically, we argue that institutions define family business...