In this paper, we present a review of tax research. We survey four main areas of the
literature:(1) the informational role of income tax expense reported for financial …

The extant corporate investment literature has documented that information asymmetry and
agency conflicts between managers and outside investors prevent firms from making optimal …

内容提要: 本文使用1998-2008 年中国非上市公司工业企业数据, 分析了融资约束,
营运资本管理与企业创新活动之间的关系, 旨在解释中国企业自上世纪末至今持续增加的创新 …

内容提要: 本文在代理理论框架下, 基于中国国有企业薪酬管制的制度背景,
就经理薪酬对投资过度和投资不足的影响进行了理论分析, 并以我国上市公司2000—2004 …

内容提要: 本文以我国上市公司为研究对象, 考察负债融资及负债来源对企业投资行为的影响,
从而揭示我国上市公司中股东-债权人冲突和负债作为治理机制所带来的经济后果 …

内容提要: 本文基于La Porta 等(1999) 提出的终极控制权理论, 从上市公司自由现金流的过度
投资视角, 研究终极控股股东利用控制权侵占上市公司利益问题. 首先基于La Porta 等(2002) …

This paper investigates the effects of financing constraints on prompting green innovations
using a sample of Chinese listed firms in the period 2001–2017. Also, we explore how green …

Sustainable development comprises two key factors: new energy and digital finance. In the
case of China, given the significant investment and financing problem that confronts its new …