In recent years, carbon emission reduction has become a widespread issue of global human concern, and the development of a low-carbon economy has become the main goal and direction of the future development of most countries in the world. This study selects the sample stocks of the Shanghai...

In recent years, green finance, particularly green bond markets, has grown drastically in China. This paper selects the quarterly panel data of Chinese non-financial listed companies in 11 subdivided industry categories from January 1, 2016, to September 30, 2020, and conducts an empirical...

Venture capital is generally believed to ease financial constraints, and it can also monitor and restrict corporate tax avoidance behaviors within a company. This article applies Chinese listed companies from 2010 to 2017 as a sample and uses the OLS regression and mediation analysis model to...

Socially and environmentally responsible investing is becoming the benchmark in financial markets. Promoting emerging industries’ environmental performance, social responsibility, and corporate governance (ESG) ratings are increasingly becoming the consensus of multinational green financial...

The well-known IVOL anomaly shows that stocks with higher idiosyncratic risk provide lower subsequent stock returns (i.e., Ang et al., 2006, 2009). It is the first study that calculates abnormal-return (alpha) by using various models to observes IVOL-return relation in the Pakistani stock market...

Under the modern enterprise system, the principal-agent relationship can cause a conflict of interests between the two power counterparts, thus affecting the degree of corporate tax avoidance. As a tool to align the interests of management and owners, management equity incentives can alleviate...

This paper introduces endogenous characteristics of enterprises to examine the non-linear relationship between environmental, social, and governance (ESG) disclosure and the internal pay gap (IPG). We employed Bloomberg’s ESG disclosure score covering the period 2011–2019 to identify the...

Based on the macro-level data of 31 provinces in China from 2003 to 2020, this paper takes policy environment and degree of marketization as moderating variables. The lnOFDI is an instrumental variable, and we use the 2SLS and GMM models to empirically test the impact of foreign direct...

The present paper introduced financing constraints (FC) to examine the relationship between environmental, social, and governance (ESG) disclosure and technological innovation capability (TIC). We employed Bloomberg’s ESG disclosure score covering the period 2011–2019, using overall...

This paper introduces endogenous characteristics of enterprises to examine the non-linear relationship between environmental, social, and governance (ESG) disclosure and the internal pay gap (IPG). We employed Bloomberg’s ESG disclosure score covering the period 2011–2019 to identify the...