This paper uses annual firm-level data from China, spanning 2003–2019, to explore the
impact of the shadow banking business of non-financial firms on their risk-taking. The results …

Motivated by the limited evidence for a relationship between oil uncertainty and firms' risk-
taking in China, we investigate how oil uncertainty (as proxied by the oil volatility risk …

This study examines the impact of HSR, which is a green mode of transportation, on
corporate risk-taking using the introduction of HSR in China as an exogenous shock. We …

Building on social comparison theory, this study investigates the impact of salary co-
movement between top executives and ordinary employees on corporate innovation. Using …

This paper extends the literature on upper echelons theory that emphasizes the impact of
top executives' personal characteristics on their choices by examining the relationship …

This study examines the impact of CEO overconfidence on banks' mortgage lending
decisions in the post-financial crisis period. We find that banks with overconfident CEOs are …

This paper studies the relationship between the hobbies of private entrepreneurs and the
level of corporate risk taking by analyzing Chinese private listed companies from 2010 to …

Purpose This study aims to examine the impact of executive bonus compensation on a firm's
financial leverage policy and the extent to which this compensation–leverage relation is …

Using unique hand-collected data for 336 large banks across 48 countries, together with
values of national culture, our empirical analysis uncovers three new robust findings. First …

This study uses a unique proprietary loan-level dataset from a state-owned Chinese
commercial bank to examine how sunshine-induced emotions influence loan pricing …