Retrofit programmes of old and very energy inefficient housing stock from the Soviet era are widely believed to be a rear win-win opportunity for mitigating climate change and tackling acute energy poverty issues in Eastern European city neighbourhoods. Still, many people do not undertake...

How does a central bank digital currency (CBDC) affect bank deposit market competition? This paper shows that cash-like retail e-CNY enhanced the deposit market competition by reshaping the perceived riskiness differential between large and small banks. I document the “convergence” of large...

Purpose – The purpose of this paper is to investigate the strategic profiles and differences across globally leading business schools. Design/methodology/approach – This paper used the concepts of strategic group identity and domain consensus to examine the differences across the business...

In the 1990s, a new ownership form called ‘joint-stock co-operative’ (gufen hezuozhi) became widely adopted in China’s township and village enterprise sector. The promising dynamics and high adaptive ability of the new ownership form is in contradiction with the conclusions suggested by...

Using a unique set of quarterly residential real estate price data for 12 major Chinese cities during the period from 1999 to 2010, this paper employs both relative measures and well-specified regression models to examine the impact of key fundamental factors on home prices. Our empirical...

L<sc>ee</sc> I. H., H<sc>ong</sc> E. and S<sc>un</sc> L. Inward foreign direct investment and domestic entrepreneurship: a regional analysis of new firm creation in Korea, <italic>Regional Studies</italic>. This paper assesses the intra- and inter-regional impacts of inward foreign direct investment on the decisions of establishing new...

Summary This paper proposes a micro-level framework to account for how firms in developing economies overcome domestic institutional constraints. It illustrates that the mechanisms enabling those firms to benefit from financial globalization are more complex than the "direct" financial channels...