We investigate how firms manage financial default risk (on debt) and operational default risk (on delivery obligations). Financially constrained firms reduce operational hedging through inventory and supply chain in favor of cash holdings. Our model predicts that firms' markup increases with...

Allen, Qian and Qian (2005, Journal of Financial Economics) explores the role of alternative financing channels (e.g., trade credits and private credit agencies) and governance mechanisms, such as those based on reputation and relationship, in explaining the growth of the private sector in...

This article investigates whether the business relations between mutual funds and brokerage firms influence sell-side analyst recommendations. Using a unique data set that discloses brokerage firms' commission income derived from each mutual fund client as well as the share holdings of these...

The study aims at identifying the influence of interior pay gap between senior executives and ordinary employees on the organization's future performance for listed Chinese firms. In addition, two other moderator variables have been included in the study referring management power as the...

Purpose: The purpose of this empirical paper is to identify the role of social networking information (SNI) on job candidates' pre-employment background checking (PBC) process. SNI was further divided into three elements: perceived availability of information (PAI), perceived accuracy of...

3D (Three-dimensional) ZnO (zinc oxide)/rGO (reduced graphene oxide)/ZnO sandwich-structured were synthesized by adding zinc oxide powder to the reaction of graphitic oxide reduction and heating. In this reaction, ZnO nanorods arrays with the size of 20–40 nm grew on both surfaces of rGO...

Sustainable energy production and consumption is one of the issues for the sustainable development strategy in China. As China’s economic development paradigm shifts, household energy consumption (HEC) has become a focus of achieving national goals of energy efficiency and greenhouse gas...