We document a positive effect of monitoring institutional ownership on firm innovation after controlling for traditional measures of institutional ownership. We further find that monitoring institutions enhance firm innovation by: 1) incentivizing CEO risk-taking and reducing intense board...

Entity type prediction is an important problem in knowledge graph (KG) research. A new KG entity type prediction method, named CORE (COmplex space Regression and Embedding), is proposed in this work. The proposed CORE method leverages the expressive power of two complex space embedding models;...

This paper uses data of Chinese A-share listed firms from 2008 to 2020, and examines the effect of institutional investors on corporate capital structure by considering different types of institutional investors and different firm types. The results find that institutional investors have a...

This paper studies the granular characteristic (or macro effects of micro shocks) of China’s economy a lá Gabaix (2011) by exploiting the Chinese Industrial Enterprises datasets from 1998 to 2014. We find that China’s economy is granular: (1) the distribution of sales revenues of the top...