Purpose – To help investors find an investment policy with strong competitiveness, the purpose of this paper is to construct a multi-period investment decision model with practicality and superior performance. Design/methodology/approach – The paper uses a suitable multi-period risk measure...

Abstract This paper extends the decomposition of marginal effects suggested by McDonald and Moffitt [The Review of Economics and Statistics 62: 318-321, 1980] to a nonlinear tobit model, considering the increasing use of tobit analysis and substantive economic implications of the decomposition....

Purpose – In the real world, an occurrence of an event is often affected by a large number of potential factors. The purpose of this paper is to identify causal factors hidden in the data and discover the underlying causality from the observed data. Design/methodology/approach – This paper...

Purpose – This study aims to evaluate the correlation of Chinese philosophy to the process of tourism development. The current Chinese philosophy involves three influential ideologies: Chinese Confucianism, Chinese communism and Western capitalism, which significantly affect people's...

Purpose – This study aims to determine similarities and differences in business travellers' expectations and managers' perceptions of the service provided by guest houses. Design/methodology/approach – Two questionnaires with seven‐point Likert scales were used to measure travellers'...

Purpose – The purpose of this paper is to explore China's current policy and policy options regarding the shift to a low‐carbon (LC) development. Design/methodology/approach – The paper uses both a literature review and empirical systems analysis of the trends of socio‐economic...

Purpose – The purpose of this paper is to trace the behaviour of Chinese companies receiving a special treatment (ST) designation in order to determine the extent to which the application of this regulation may have led companies to engage in activities conducive to the removal of the ST...

Purpose – The purpose of this paper is to investigate the relationship between board composition and firm performance variance in the context of recent corporate governance reforms, based on the agency and organisational literatures. Design/methodology/approach – This paper uses 384 of the...

Purpose – The purpose of this paper is to present a strategic framework of successful knowledge transfer through the development of university‐industry interactions in China. Design/methodology/approach – The research is designed based on a single case study with qualitative analysis. Data...

Purpose – The purpose of this paper is to determine whether audit opinions matter in China after the introduction of several key regulatory changes, specifically aimed at strengthening the confidence of investors in the audit function. Design/methodology/approach – The question is addressed...