The finance-growth nexus has been a central question in interpreting the unprecedented success of Chinese economy. This paper employs an equity ownership network, reflecting the firm-to-firm equity investment relationship, of all the registered firms in China and shows that the network has been...

This study uses the current financial crisis as a quasi-experiment to examine whether and to what extent corporate boards affect the performance of firms. Using cumulative stock returns over the crisis to measure of firm performance, we find that board independence, as traditionally defined,...

Using data from US labour market areas, we quantify empirical associations between entry by small firms and a vector of economic performance measures encompassing levels, volatilities and growth rates of several income and employment variables. Distinct and robust associations are found for net...