This paper investigates whether and how high-speed rail (HSR) construction affects local bank performance. Using the difference-in-difference method, we find that the city commercial banks (CCBs) significantly experience an overall decrease in ROA after HSR is introduced in the headquarters...

Small and medium enterprises (SMEs) in the informal sector are key in determining economic growth, particularly in low- and middle-income countries. However, data on the moderating effect of network ties on the association between SMEs' entrepreneurial orientation (EO) and performance are...