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This study investigates the impact of local antigambling interventions (AGIs) on corporate financialization. From the perspective of formal institutions' influence on culture, our findings suggest that firms located in regions with more effective AGIs exhibit lower levels of financialization....
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The development of Digital Inclusive Finance (DIF) offers new opportunities for corporate innovation. This study empirically explores the influence of DIF on firms' R&D and innovation output via a two-way fixed-effects model and an instrumental variable method using the 2011-2018 Peking...
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