While previous literature has paid much attention on the effects of trust as an informal
institution on economic growth and corporate behavior, it is unclear whether and how the …

Digital technologies have changed the traditional innovation paradigm. We study the impact
of digital innovation on corporate ESG performance using data from China's A-share listed …

This study examines how the large and unexpected Chinese credit stimulus in 2008 affects
firms' labor decision. Using a large sample of industrial firms, we find that state-owned …

This study investigates the influence of digital transformation on total factor productivity of
enterprises, along with the mechanisms driving this impact. The results suggest that …

In China, family business is an important part of private economy. This paper studies the
impact of China's family business's ESG performance on debt financing costs. We find that …

This study investigates whether local gambling cultures in China affect corporate violations
for 31,670 firm-year observations over the period 2008–2020. The ratio of provincial lottery …

Through a proprietary dataset of listed firms on the Shanghai and Shenzhen Stock
Exchanges, we establish a positive link between firms' financial technology (Fintech) …

This paper examines the relationship between corporate social responsibility (CSR) and
idiosyncratic risk and tests the impact of stakeholder governance on the relationship …

Using a sample of bonds issued by publicly listed firms in China over the period 2009–2020,
we find a significantly negative relation between corporate ESG engagement (as proxied by …

This study delves into the influence of digital transformation on labour investment efficiency
and its varied effects across different business phases. Utilizing panel regression and the …