The outbreak of COVID-19 has a huge negative impact on the firms’ business activities. This paper investigates the effects of COVID-19 pandemic on corporate investment and firm value from the real option perspective. Based on the real-option based model (ROM) proposed by Zhang (2000), we find...

Lithium–sulfur batteries have been considered one of the most promising energy storage devices because of their high energy density (2600 W·h·kg -1 ), low cost, and the environmental friendliness of sulfur. However, the shuttle effect caused by the soluble polysulfide produced by the sulfur...

The launch of China’s STAR market (officially known as the Science and Technology Innovation Board of Shanghai Stock Exchange) caused a significant drop in stock prices in existing stock markets in the Shanghai and Shenzhen stock exchanges. This study examines whether innovative firms showed...