This paper investigates the impact on the risk of a crash in the stock price (SPCR) of a hometown connection between a firm's chief executive officer (CEO) and suppliers. Using manually collected data on CEOs' hometown connections among Chinese A-share companies (A-shares, or RMB common shares,...

This study examines how institutional investor investment horizons impact stock price crash risk for China's A-share firms from 2007 to 2019. Long-term investments by institutions significantly mitigate risk by curbing managerial myopia, enhancing transparency, and improving accountability, thus...

This paper studies the spatial differences of grain production efficiencies in China using a panel data set on 30 provinces (cities) for the period 1987-92. A stochastic frontier production function is estimated to derive the technical efficiencies across the regions. The results suggest that...