The fast growth of China's economy has brought it not only to the center of the global
economy but also to a transition point in its growth model, a transition from scale to …

Corporate failure suggests that weak corporate governance leads to frail institutions and
exposes them to severe crises. Asian countries have faced financial crises in three different …

This study contributes to the low-carbon city (LCC) related literature by providing causal
evidence on the impact of carbon reduction regulation on firm risk. Using staggered …

Based on the green credit policy (GCP) of 2012 in China, we examine how banker directors
affect GCP's motivating effect on corporate green innovation. We find that banker directors …

In this paper, we find that severer controlling shareholder expropriation is associated with
higher deviations of labor investment from the level justified by economic fundamentals, ie …

Using the extreme returns of firms in unrelated industries of institutional shareholders'
portfolios as exogenous variations in institutional investor distraction (Kempf et al. 2017), we …

In the context of the development of the Low-Carbon Economy, the Carbon Market is an
important way to guide enterprises to actively participate in environmental governance and …

The increased equity lending supply (ELS) in the equity loan market, available for short
sellers to borrow, exposes a firm to greater short selling threats. Considering short sellers' …

Exploring the staggered short sale deregulation on the Chinese stock market as quasi‐
exogenous shocks, we find that the introduction of short selling is associated with higher …

The objective of the study is to contemplate the impact of irregular CEO succession on small-
medium enterprises' short selling. Using the sample containing 933 Chinese listed SMEs in …