State-controlled listed companies have always dominated Chinese stock markets. As a result of the rampant scandals related to them, there have been voluminous academic efforts to explore their corporate governance, underpinned by agency costs. However, these studies have yet to examine the...

We examine and verify our hypothesis from a theoretical model that parents are more likely to be authoritative if they are from a wealthy family. Using the data from the Preference Parameters Study of Osaka University, Japan, we find that there are significantly positive associations between...

China's 11th Five-Year Plan introduced various policy instruments to address carbon mitigation; however, the ex-post policy impacts need to be investigated in a scientific and systematic way to guide future policy design. In this paper, we estimate the impacts of the heat metering and energy...