We examine the impact of cyberattacks on bondholder wealth. Unlike stockholders, bondholders do not react in the short-term but do experience negative returns in the one-month event window. Compared to similar firms not subject to cyberattacks, we find that bondholders lost approximately 2% of...

We explore whether there is informed trading, which takes advantage of data breach events. By analyzing transactions in the options market, we conjecture that there are two distinct informed trading patterns that likely begin approximately three months and nine months prior to corporate...

A downside of the digital economy is that banks are prone to experiencing data breaches resulting from, for example, cyberattacks, system glitches, and employee negligence. We investigate how a data breach announcement affects bank operations and stock performance. Our findings indicate that...

This study examines whether short sellers detect firm-level data breaches. Using proprietary daily lending data and unique data breach announcements, we investigate whether short selling anticipates prior to corporate data breaches and how it behaves in time leading up to announcements. Using a...

Purpose: Rapid development of China's rural industry since 1980s has a massive ripple effect on rural China. However, recent rural industrial development in China has received little scholarly attention. The study aims to investigate the development process and spatial differences of China's...

Open innovation communities promote collective intelligence by providing members platforms to design and create user-generated content. Among these communities, many have incorporated a system to encourage users to modify each other’s work in a process called remixing. Remixing continues to...

Polycyclic aromatic hydrocarbons (PAHs) are ubiquitous persistent organic pollutants in soil, which have carcinogenic, teratogenic and mutagenic hazards. The effects of RL, nZVI and AQDS on the degradation of PAHs in soil were studied. It was found that the treatment of 5 mg · kg-1RL + 1% nZVI...