As the number of "ownerless" enterprises in China's capital market increases, so does the importance of paying attention to their behavior. From the perspective of enterprises' control rights allocation, we find that non-actual controllers can inhibit corporate innovation by intensifying agency...

The “green” clusters are focused on the production of new ways of non-fossil fuel energy that help to diminish the greenhouse gases overall that human activity produces. The creation of such groups reveals a curious characteristic of the economic development: we will analyse the geographic...