This paper provides a modern overview of capital markets, financial institutions, and
corporate finance in China. In our discussions, we highlight and describe what is unique to …

This paper provides a modern overview of corporate governance in China and in doing so
highlights many corporate governance features and issues that are, for the most part, unique …

Oil price uncertainty has widely influenced the economic development of the world. This
study explores the influence of oil price uncertainty on the excessive debt behavior of …

We find a positive relation between product market competition and corporate investment
using a sample of Chinese manufacturing firms during 1999–2010. A quasi-natural …

Purpose This study aims to examine the effect of managerial ability on product market
competition and corporate investment decisions, specifically, on risk-taking and investment …

Focusing on the toughest-ever environmental policy in China, this paper investigates the
causal evidence of how environmental regulations influence listed firms' capital structure …

We examine the impact of the media on firms' leverage adjustments. Using a comprehensive
sample of global news across 33 countries, we find that greater news coverage and more …

We synthesize empirical studies on the determinants of the heterogeneity in the adjustment
speed (speed of adjustment; SOA) of capital structure. These determinants are categorized …

This paper explores the direct and indirect relationship between climate policy uncertainty
and excessive corporate debt, and focuses on the moderating effect of financing constraints …

This paper studies whether the bailout of downstream firms helps stop the supply chain
propagation of business failure. By analyzing persistent zombie lending in China, we show …