A long-term orientation influences a country’s use of trade credit. We examine 519,805 firm-year observations across 71 countries from 1990 to 2020. Considering endogeneity and checking robustness, the main finding suggests that the effect of long-term orientation is related to the greater use...

Using an international sample of 30,060 observations of firms from 32 countries, covering the period from 2004 to 2018, combined with a country-level index for societal trust, this study provides evidence that societal trust is negatively associated with corporate social responsibility (CSR),...

This paper examines the relationship between modern health pandemic crises and financial stability. Specifically, it collects data on 250,223 firms in 43 countries (or regions) during five modern pandemic crises, SARS (2003), H1N1 (2009), MERS (2012), Ebola (2014), and Zika (2016), and finds...

Policies on municipal actions to promote local competitiveness have typically focused in three areas: i) providing infrastructure (transportation, telecommunications, water & sanitation, etc.); ii) improving public services (education, health, public security, housing, etc.); and iii) reducing...

It's important to explore ways to integrate bus and rail transit by combining both the effects of the built environment and their competition. Using Wuhan city in China as a case study, this study develops gradient boosting decision trees(GBDTs) to examine the threshold range of built...