We study whether a firm's social connections to banks can augment its political connections
to help it obtain loans. In China, Regulation No. 18 (announced in 2013) prohibits all high …

Green technology innovation shoulders the dual task of green development and innovation
leading. It is an inevitable choice for China to achieve the carbon peak and neutrality goal …

A number of studies have drawn attention to the concept of relationship-based capitalism
among non-Western firms in the emerging markets. Malaysia presents an interesting and …

Using CEOs' exposure to the Great Chinese Famine (1959–1961) as a measure of early-life
trauma in their life (termed, famine-CEOs), we find that firms led by famine-CEOs are …

This study examines the role of the anti-corruption campaign in capital structure decisions
for Chinese listed firms using investigations of senior officials from 2007 to 2019. We find a …

Exploiting the staggered deregulation of short sales in China as a quasi‐experiment, we
investigate whether firms change investor relations (IR) strategy when they face short …

Using a sample of Chinese listed firms from the Shanghai and Shenzhen Stock Exchanges
from 2012 to 2018, we investigate the externality of the forced resignations of politically …

Using a sample of Chinese listed firms in the Shanghai and Shenzhen Stock Exchange
during the period of 2012–2017, this paper studies the impact of losing political resources …

For national development, the investment efficiency of listed companies should be improved.
We take samples of non‐financial and non‐real estate listed companies to investigate the …

China's stimulus package after the global financial crisis in 2008 rapidly boosted its GDP.
However, it also raised concerns about its long-lasting and unintended consequences that …