Prior research shows that financial reporting quality (FRQ) is positively related to investment efficiency for large U.S. publicly traded companies. We examine the role of FRQ in private firms from emerging markets, a setting in which extant research suggests that FRQ would be less conducive to...

With the increasing installed capacity of wind power, higher requirements are put forward for the quality of wind power, but the randomness and intermittency of wind power seriously affect its quality and the stability of the power grid. Hydraulic wind power technology replaces the original...