Earlier studies have reaffirmed the pivotal role played by the private sectors in China's
development, so the growth of private enterprises deserves more attention. This paper …

Abstract China's Green Credit Policy (GCP) promotes environmentally sustainable practices,
which are crucial for ecological responsibility. Despite its importance, the policy's impact on …

This paper examines whether and how business diversification affects financialization in
non-financial corporations. Using data from the Chinese market, we find that business …

We empirically examine the impact of economic policy uncertainty (EPU) on the investment
decision of China's high-tech manufacturing industry based on the company's investment …

By employing a panel dataset of Chinese listed companies spanning from 2010 to 2021, our
study empirically examines the correlation between corporate financialization and corporate …

In view of the current debate on the relationship between environmental regulation and firm
financial asset allocation (FFAA), this study explores the compound effect of binding …

This study investigates the potential impact of customer concentration on corporate
financialization using a sample of Chinese non-financial listed firms. The findings reveal a …

In the weave of global financialization, China has shifted its economic domain from the real
economy to the fictitious economy. In this transformation, the impact of corporate social …

Using a sample of China's A-share listed companies from 2012 to 2019, this paper studies
the impact of employee stock ownership plans (ESOPs) on corporate financialization. We …

Using the quarterly data of non-financial companies listed on China's A-share market from
2007 to 2019, this paper examines the relationship between the idiosyncratic risk formed …