Based on the data of Chinese listed family firms from 2008 to 2016, we investigate the impact of family involvement on firm innovation and the moderating effect of family member composition. The results show that increased family involvement significantly reduces R&D investment intensity and the...

Listing markets have different cultural backgrounds and experience different economic development. This study examines the impact of cultural values and the moderating effect of economic growth on IPO underpricing issued by Chinese companies in different stock markets. Using a sample of 2429...

We investigate the effect of commodity financialization on firm’s idiosyncratic risk. Our results reveal a positive effect of commodity financialization on firm’s idiosyncratic risk. Derivative usage and diversification strategy can negatively moderate the positive effect. Moreover, the...