Corporate political connections (CPCs)—ties that firms forge with political actors—directly
affect firms, political actors, and various stakeholders in societies. This topic has been …

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 …

We examine the influence of political connections on firms' environmental performance
within the setting of China's Regulation 18, which prohibits government officials from taking …

The paper aims to investigate the impact of corporate governance (CG) measures on firm
performance and the role of managerial behavior on the relationship of corporate …

Increasing attention has been focused on the extent to which corporate political connections
influence the growing pollution due to the rapid growth in the popularity of firm pollution in …

We examine the relation between political uncertainty and cash holdings for firms in China.
We document that, during the first year of a new city government official's appointment, a …

Green technology innovation is an effective means to realize energy conservation and
reduce carbon emissions, which plays a crucial role in promoting green and sustainable …

Government subsidies have always been regarded as an essential policy tool to promote
the development of new energy vehicle (NEV) industry. The NEV industry refers to the …

Entrepreneurs and entrepreneurship are essential for new wealth creation and economic
growth, particularly in developing countries. The objective of this study is to develop a model …

In this paper, we document the effect of product market competition on cash value and
provide evidence supporting the agency discount mechanism. Using the regulation-induced …