This paper examines the crowding-out effect of the sudden onset of COVID-19 on the share price bubbles of over-financialized firms, and identifies the mechanisms responsible for this effect. Our findings suggest that COVID-19 has a significant crowding-out effect on the share price bubbles of...

China’s economic restructuring has focused on managing the interaction between environmental regulation and development security to achieve safe carbon reduction. While the increased carbon risk caused by lower carbon emissions encourages businesses to move more quickly toward green...

This study examines the impacts of trade credit insurance on the optimal decisions of the firm that remanufactures used products and implements emissions abatement strategy under carbon tax policy. In the presence of revenue loss risks generated by uncertain factors in the trading process with...