Using the data of Chinese industrial enterprises, we examine how the incentive to reach
GDP growth targets affects the local firms' capacity utilization. We find that Chinese …

This paper exploits two sequential exogenous regulatory reforms in China (2001 board
independence and 2005 share restructure) to study the incremental effect of the board …

Political connections provide firms with legal advantages and can shield managers and
directors away from litigation risk. Using a sample of Chinese public firms, we find that …

This paper investigates intra‐industry spillover effects of corporate scandals in China. We
demonstrate how a contagion effect spreads to peer firms depending upon the quality of …

A multi-regional input–output table (MRIOT) containing the transactions among the region-
sectors in an economy defines a weighted and directed network. Using network analysis …

We investigate the influence of environmental subsidies on enterprise environmental
performance based on 257 heavily polluting A-share listed companies in Shanghai and …

In this paper we examine the relationship between government ownership and dividend
policy. Using a multinational sample of newly privatised firms from 43 countries, we find …

This study explores whether the impact of board cultural diversity on corporate
innovativeness is contingent on the firm's exposure to local government intervention. Using …

The split share structure reform removes a significant market friction in China's capital
market by allowing previously non‐tradable shares to be freely tradable at market prices …

We use a hand-collected dataset of firm-level foreign direct investment in China to examine
the impact of home countries' institutional elements on the investment comovement between …