We examine the impact of social ties between mutual fund managers and auditors of public firms on mutual fund stockholdings. We find that mutual funds whose managers are socially connected with firm auditors hold more shares of these firms. In cross-sectional results consistent with...

We analyze the impact of cross-audits between companies and mutual funds on auditors' reporting decisions. We document that companies are more likely to receive favorable audit opinions when they appoint the same auditor as their mutual fund blockholders. In cross-sectional evidence consistent...

We find that mutual funds whose managers are socially connected with firm auditors hold more shares of these firms and generate superior portfolio returns. Cross-sectional results reveal that the relation between social connections and mutual fund stockholdings is more pronounced: when the...

The aerogel scaffold is one of the most used scaffolds in tissue engineering. The properties of the aerogel can be significantly influenced by their micro-pore structure. The freeze casting process has been used to tailor the micro-pore morphology of the aerogel. However, the process is complex,...

Transition metal sulfide is a promising electrocatalyst for the hydrogen evolution reaction (HER), yet it is still uncompetitive with platinum-based electrodes for clean and renewable energy applications. To resolve this issue, grid-matched palladium-nickel sulfides (Pd4S/Ni3S2) are successfully...

PurposeThis paper aims to examine the effect of dividend regulation on cost stickiness (i.e. the asymmetric change in firm expense between sales increase and sales decrease) and explore the underlying mechanism.Design/methodology/approachBased on the quasi-natural experiment of the Guideline for...

Regional economic power and local environmental policies have a substantial impact on pollution reduction in urban agglomerations (UAs); however, whether megacities in UAs exert spillover effects of pollution reduction on surrounding cities remains unknown. This study presents a causal analytic...