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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...
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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...
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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...
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