Purpose: With features of both “family” and “business,” family businesses must seek a balance between the emotional aspect of “family” and the economic aspect of “business” in its organizational and decision-making processes to ensure the sustainability of the family’s...

Institutional leaders have long championed interdisciplinary research; however, researchers have paid relatively little attention to the people responding to such calls and their subsequent career outcomes. With the benefit of two large datasets spanning from 1986 through 2016, we show that...

Based on the structural model, macroeconomic and liquidity factors are tested against credit spread changes in American OTC corporate bonds. I discovered that the volatility of long run Treasury yield has even greater explanatory power than the yield itself. Macroeconomic indicators, such as...

Prior research has shown that microblogs have the capability to predict the trend of the whole stock market. These findings arouse interest in the question of whether this medium can be used as a non-financial information source to evaluate the performance of individual companies. This paper...

Although there have been many empirical studies about systemic risk since the financial crisis of 2008, few have analyzed the systemic risk in the time-frequency domain. In this paper, based on wavelet analysis, the main time-frequency characteristics of China’s systemic risk, the...