Fraud in the reward-based crowdfunding market has been of concern to regulators, but it is
arguably of greater importance to the nascent industry itself. Despite its significance for …

This paper provides comprehensive evidence that ESG investors in China can get rewarded
by doing good. We construct composite firm-level ESG scores in China covering all the A …

Small and medium-sized firms, particularly startups, are highly vulnerable to the COVID-19
pandemic because of their financial instability. Using a sample of listed startups across four …

In this study, we examine how informal institution, namely Confucian culture, affects
corporate R&D investment. Using a nationwide survey of Chinese private firms, we find that …

This paper examines the effect of national culture on adult financial literacy levels in 12
countries. Contrary to earlier financial literacy studies, our results are directly comparable …

We conduct the first broad-based international study on bank-level failures covering 92
countries over 2000–2014, investigating national cultural variables as failure determinants …

Using a large sample of firms from 37 countries over the period of 2007–2015, we
empirically analyse the impact of religion and national culture characteristics on the level of …

This paper examines the effect of state-level culture in the US on the adoption of firms'
workplace diversity policies. Using firm-level panel data (1592 firm-year observations) over …

Culture affects human behavior in subtle but profound ways. This paper investigates the
effects of individualism, one of the most salient cultural dimensions, on household financial …

The study investigates whether and how cultural norms affect corporate shadow banking
activities. Using a sample of Chinese listed companies from 2008 to 2020, we find that as a …