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(E)nvironment, (S)ocial and (G)overance issues are typically analyzed in the context of the United States. This is a limited perspective. All societies face similar questions with respect to the environment and social relations. In this paper, we widen the perspective by comparing ESG in China...
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economy by testing whether financial development eases firm’s financial restriction for investment. The role of financial …
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between countries generates positive investment spillover, intra-firm production linkages predict negative spillover. Using … subsidiary-level data and exogenous corporate tax hikes, we find that local business units cut investment by 0.4% for a 1 …
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