This paper examines the impact of a firm's social performance on the CEO's employment prospects. We track departing CEOs' subsequent employment records and find that the social performance of their previous employers improves their labor market outcomes. These CEOs are more likely to find a new...

We introduce uncertainty into Holmstrom and Milgrom (1987) to study optimal long-term contracting with learning. In a dynamic relationship, the agent's shirking not only reduces current performance but also increases the agent's information rent due to the persistent belief manipulation effect....

Interfirm alliances require effective mechanisms that facilitate the integration of pertinent knowledge between independent firms. This paper examines whether a firm’s information environment helps improve collaborative outcomes. Using a large panel of firms engaging in global research and...

Transportation is a major part of energy consumption and greenhouse gas (GHG) emissions. Aluminum (Al) as a light metal can reduce vehicle weight, energy consumption, and pollutant emissions, but Al production is energy intensive. The main contents of this study are the following: (1) create the...

Social and cultural factors will affect people’s economic decision-making. This paper discusses the impact of cultural factors on insurance demand, enriching the relevant research in this field. As a special financial product, insurance demand research has important theoretical and practical...

We examine the impact of corporate governance laws on the private benefits of control, using the enactment of the Sarbanes-Oxley Act of 2002 (SOX) as a natural quasi-experiment. We find a large decline in the average voting premium of U.S. dual-class firms targeted by major SOX provisions that...

In this study, sodium acetate (NaAC) as a co-substrate effectively promoted the metabolism of sulfamethoxazole (SMX) by microalgae Chlorella pyrenoidosa. In the cultivation supplied with 5.0 and 10.0 g L-1 NaAC, 51.1% and 61.2% SMX was removed, respectively. On this basis, the improvement effect...

Owing to the abundant uranium reserves in the oceans, the collection of uranium from seawater has aroused the widespread interest. Compared to the uranium extraction from ore, uranium collection from seawater is a more environmentally friendly strategy. The amidoxime (AO) functional group has...