Are firms' financial disclosure decisions affected by executive compensation at other firms? We find that a CEO's pay gap relative to the highest CEO pay among industry peers, defined as industry tournament incentives, can lead to distortions in corporate financial disclosures. Our analyses show...

Cellulose nanofibers (CNFs) with high hydrophilicity and huge specific surface area have great prospect for upgrading the performance of thin-film composite (TFC) membranes, but the optimal location for their incorporation in the membrane is still unclear. Herein, we studied and compared the...