To promote charitable giving, donation-based crowdfunding platforms adopted match offers, whereby leadership donors commit to matching the contribution of other donors at a given rate. While match offers have great potential to improve fundraising performance, a lot remains unknown about how and...

Due to the relentless development of social media marketing, firms increasingly rely on a combination of verbal and visual elements to communicate with consumers and attract their attention. The present research investigates how the semantic relationship between text and image information...

I examine the pricing of risk-neutral market volatility and skewness risks in the cross-section of stocks in China. I find that stocks with high exposures to innovations in volatility or skewness exhibit low expected returns. Market volatility and skewness are economically important and command...

I examine the pricing of risk-neutral market volatility and skewness risks in the cross-section of stocks in China. I find that stocks with high exposures to innovations in volatility or skewness exhibit low expected returns. Market volatility and skewness are economically important and command...

The literature on pro-social behavior shows that older children are more generous than younger children; however, the level of individual generosity is heterogeneous even between children of the same age. This paper investigates whether a child's popularity affects a child's generosity. Our...

Purpose – The purpose of this paper is to expand the investor sentiment’s effect on investment efficiency to the layer of “credit financing,” studying whether investor sentiment can affect credit financing level and the inner mechanism of the effect. Design/methodology/approach – The...

The literature on pro-social behavior shows that older children are more generous than younger children; however, the level of individual generosity is heterogeneous even between children of the same age. This paper investigates whether a child’s popularity affects a child’s...