Purpose – This paper seeks to contribute to the existing capital structure and board structure literature by examining the relationship among corporate governance, ownership structure and capital structure.Design/methodology/approach – The paper employs a panel data of 595 firm-year...

This paper examines the impact of mandatory option expensing on executive compensation. Although it merely changes the way option costs are disclosed (in footnotes or expensed in income statement), mandatory option expensing may actually alter the optimal contract between firms and their CEOs....

We investigate how director networks impact IPO characteristics and find that firms with better-connected directors have higher IPO market valuation, more positive offer price revisions, higher first-day returns, more pre-IPO media coverage, and superior post-IPO stock performance. Director...

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...