Relying on a comprehensive sample of Chinese listed companies from 2007 to 2020 and the PSM-DID method, we examine whether punishments from the China Securities Regulatory Commission (CSRC) affect the behavior of firms that are not punished but shares a cross-owner with the punished. We find...

Fe-N 4 single-atom catalysts (SACs) had been investigated extensively in various energy conversion reaction. However, large amount of untouchable Fe-N 4 sites buried in the dense carbon skeletons greatly restrict the maximization of catalytic performance. Therefore, rational construction of...

Using a large panel of U.S. public firms, we exploit the staggered deregulation of interstate bank branching laws to examine whether banking competition affects the implied cost of equity. We hypothesize that banking competition may result in weakened banks’ ability to access borrower firms’...