Effective utilization of scarce water resources has presented a significant challenge to respond to the needs created by rapid economic growth in China. In this study, the efficiency of the joint operation of the Three Gorges and Gezhouba cascade hydropower plants in terms of power generation...

Does growth lead to stock price crashes? In this study, we find that total asset growth positively relates to future crash risk and the relationship is robust for various asset, liability, and equity components of the balance sheet. Consistent with the managerial empire-building incentive,...

An extensive body of debt structure research explores the coordination failure among creditors of taking heterogeneous debt. This paper, in contrast, provides empirical evidence for the positive role played by debt heterogeneity in reducing stakeholder-driven costs of high leverage. Using a...

Social learning is increasingly used to address environmental challenges including sustainable farming. How sustainable agricultural knowledge is co-produced, shared and used between farmers, scientists and government is important for building capacity and trust for sustainability in stressed...

Improving sulfur resistance of palladium-based catalysts is crucial for the sustained and efficient methane combustion. Herein, the surface property of catalysts was rationally tailored to tune the dynamic behavior of sulfur species on active sites and supports, which was qualitatively and...