Content
October 2025, Volume 61, Issue 13
- 3951-3972 Can Green Finance Innovation Promote Supply Chain Decarbonization? Evidence from Chinese Firms
by Jianqiao Zhai & Yongji Zhang & Ke Wang - 3973-3988 Stimulation or Inhibition? Exploring the Role of Economic Policy Uncertainty in Technological Progress
by Pai-Chin Huang & Chia-Ling Yao & Cheng-To Lin & Cristi Spulbar - 3989-4013 Pricing Opinion Shopping: Evidence from an Emerging Debt Market
by Heesun Chung & Jaehee Jo & Catherine Heyjung Sonu - 4014-4028 Does Climate Legislation Reshape International Energy Trade Patterns?
by Jun Yang & Xiaohan Zhu & Chao Feng - 4029-4048 Product Market Competition, Capital Inefficiency and Total Factor Productivity
by Jun Wen & Yu Diao & Haipeng Duan & Sheng-Hao Yang - 4049-4070 The Impacts of Tax Enforcement on Enterprises’ Digitization
by Ying Jiang & Xiuqi Jiang - 4071-4083 Does ESG Performance Affect Firm Risk? Evidence from China
by Sanfa Wang & Xiaoxuan Shi & Hui Chen & JingJing Zhao - 4084-4097 Effect of China’s Outward Foreign Direct Investment in Portuguese-Speaking Countries on Its Bilateral Trade
by Yangyang Yu & Yi-Bin Chiu & Cody Yu-Ling Hsiao - 4098-4123 Social Media Sentiment Beta and the Cross-Section of Stock Returns: Evidence from China
by Guanglong Xu & Helong Li & Hongqing Teng - 4124-4137 A Barometer of Climate Change: Does the US–China Tension Exacerbate Its Risks?
by Chia-Ling Yao & Pai-Chin Huang & Chi-Wei Su & Oana-Ramona Lobonţ & Meng Qin - 4138-4164 The Impact of Extreme Weather Events on Income Inequality: Global Evidence
by Jun Wen & Shu-Xin Song & Zhi-Yu Cheng & Xin-Xin Zhao - 4165-4179 Breaking the Model: Does Technical Efficiency Propel or Hinder Bank Risk? Evidence from the Chinese Banking Industry
by Xiaoran Lin & Mohamed Azzim Gulamhussen & Jia Zhai - 4180-4205 Digital Economy and Corporate Innovation: Evidence from China
by Ping Zhang & Yaqi Wang & Qi Qin & Hui Jia - 4206-4230 Capital Market Opening and Trade Credit Provision: Evidence from Staggered Quasi-Natural Experiments
by Qiong Sun & Deshuai Hou & Shaofan Zhao & Manru Dong - 4231-4246 Assessing the Dual Bonus of Environmental Information Disclosure in China: New Evidence from the Double Machine Learning Model
by Xiufeng Zhang & Yue Gao & Manqian Cao & Zhenhua Zhang - 4247-4265 Research on the Dual Effects of Corporate Physical and Transition Climate Risks on Total Factor Productivity
by Huayu Shen & Huimin Feng & Qi Xiao & Shuming Ma & Hui Guo - 4266-4286 Market Access Deregulation and Corporate Tax Compliance: Evidence from China
by Sha Yu & Yuan Gao & Jianjun Li - 4287-4304 The Impact of E-Government on Technological Innovation: A Global Perspective
by Sitao Ren & Junwei Zhang & Jinghao Yang & Yaobo Shi
September 2025, Volume 61, Issue 12
- 3613-3633 The Impact of Government Assessment Transformation on Green Entrepreneurship: Evidence from China
by Guangning Tian & Fanzhi Wang & Haochen Zhang & Xinran Zhou - 3634-3657 Can Bitcoin and Gold Have Dynamic Hedging and Safe Haven Capabilities Against the BRICS Plus Stock Market Indices During Global Crises? An Evidence from a Time-Varying Copula Approach
by Rihab Belguith & Hind Alnafisah & Yasmine Snene Manzli & Ahmed Jeribi - 3658-3673 Can Local Posts Predict Firm-Level Earnings and Stock Returns?
by Xuejun Jin & Zhenzi Tian & Xin Hong - 3674-3690 Can Circuit Courts Influence Corporate Employment? Evidence from China
by Jianhui Jian & An Yan & Lin Wang & Yuehan Liu & Dan Hu - 3691-3710 The Impact of Climate Policy Uncertainty on the Quality of Firm Innovation: A Market Surveillance Perspective
by Da Wang & Hao Tian & Haotian Zhu & Dazheng Xu - 3711-3723 Customers’ Negative Managerial Expectations and Suppliers’ Dual Innovation: Evidence from China
by Jie Liu & Chuan Zhang - 3724-3741 Nexus of Energy Transition and Climate Change: Novel Evidence From Electric Vehicles
by Tianying Jiang & Meng Qin & Yun Hsuan Su & Emilia Vasile & Yiting Xu - 3742-3766 Macroeconomic Impact of Demographic Transition and Effectiveness of Monetary Policy: Evidence from East Asian Economies
by Karan Rai & Bhavesh Garg - 3767-3784 The Historical Roots of Opportunistic Sales: Evidence from CEOs’ Great Famine Experience
by Chun Tang & Lei Tan & Xiaoxing Liu - 3785-3796 The Impact of the EU Tax Blacklist on Cross-Border Direct Investment
by Yan Dong & Ran Ge & Suhang Tan - 3797-3820 The Influence of Digital Technology on Rural Common Prosperity and Its Spatial Spillover Effect
by Hui Xin & Bowen Wan & Kang Luo - 3821-3840 Does China’s GVC Participation Affect the RMB’s “Anchor Currency” Effect?
by Ronghai Yang & Xiao Wang - 3841-3857 Does Industrial IT Adoption Affect Export Sophistication? Evidence from China’s Pilot Zones Policy for Industrial Information Integration
by Shuzhou Peng & Huili Deng - 3858-3877 Cross-Border Regulatory Enforcement and the Accounting Information Quality of Chinese Firms
by Miao Yu & Jie Sun & Albert Tsang & Ambrose Wong - 3878-3894 Career Exposure to Religion and CEO Effort: Evidence from China
by Yibo Wang & Bai Liu & Xianbin Cao - 3895-3912 Optimal Carbon Emission Reduction Cooperation Models for Electricity Supply Chain of Existing Communities
by YiNing Xiang & ZengRui Kang & Yongkai Ma & Wei Chen - 3913-3935 Digital Technology Empowers Trade Growth: A Quasi-Natural Experiment Based on the Adoption of 4G
by Juncai Zhou & Xueren Zhou - 3936-3949 The Role of Bank Competition in Mitigating Information Asymmetry on Green Bond Markets: Evidence from China
by Lei Zhou & Paul Wohlfarth & Xiaohong Chen
September 2025, Volume 61, Issue 11
- 3261-3276 Does Monetary Policy Transparency Matter for Banking Stability?
by Wytone Jombo & Wook Sohn - 3277-3295 The Effect of Regional Food Safety Problems on National Agricultural Export Reputation: Empirical Evidence from The 2013 China’s Cadmium-Tainted Rice Incident
by Xiaohe Zhou & Zhihao Wu & Jingqi Dang - 3296-3307 Can Intelligent Manufacturing Reduce Corporate Carbon Emissions? Empirical Evidence from China’s Listed Manufacturing Firms
by Xiaozhen Pan & Siqi Lin - 3308-3331 The Impact of Supply Chain Innovation and Application Policies on Supply Chain Digitalization
by Kai Wang & Yihui Peng & Tingting Zhou - 3332-3358 ESG Rating Agency Coverage and Analysts’ Earnings Forecasts: Evidence from China
by Mian Cheng & Li Ji & Albert Tsang & Zijian Xu - 3359-3381 Assessing the Causal Relationships of Energy Poverty, Foreign Direct Investment, and Public Health at the Global Level
by Shan Lu & Zhenhua Zhang & Yuxi Pan - 3382-3405 How Does Improved Investment Access Inspire Entrepreneurship? Evidence from Infrastructure Construction in China
by Tianshi Sun & Xiuyan Liu & Mingyue Wang - 3406-3422 ESG Performance, Investor Confidence, and Foreign Direct Investment: Evidence from Listed Companies in China
by Xin Guan & Xinyue Wu & Wenli Zheng - 3423-3445 The Impact of Economic Uncertainty on Cross-Border Capital Flows
by Du Zhang & Rundong Chen - 3446-3460 Does Rapid Mortality Improvement Resolve the Annuity Puzzle?: Evidence from South Korea
by Dong-Hwa Lee & HyunJung Kim & Daehwan Kim - 3461-3481 Does Government’s Attention to Green Development Promote Enterprise Green Transition? Evidence from China
by Shucheng Liu & Yilong Li - 3482-3499 Impact of Financial Performance on Ethical Outcomes: Evidence from Korea’s Public Enterprises and Their Subsidiaries
by Seungwon Yu & Yeonwoo Sim & Suhee Kim - 3500-3513 Promoting Rural Consumption by Engaging in Digital Finance: Based on the Triple Perspective of Consumption Scale, Consumption Structure, and Consumption Propensity
by Muchen Li & Yaoyi Yu - 3514-3531 The Impact of Low-Carbon Location Policy on Corporate Green Innovation: A Quasi-Natural Experiment Based on National Low-Carbon Industrial
by Zhidong Tan & Qiandi Ma & Chiao-Ming Cheng & Lu-Jui Chen - 3532-3550 Online Sales and Capacity Utilization Rate
by Yang Liu & Yanxiang Xie & Xuanming Wang - 3551-3571 Digital Economy, Urban-Rural Integration, and High-Quality Agricultural Development
by Lixiang Zhang & Zhaoshuo Ning & Xinyuan Wang & Qianfeng Luo & Zequn Dong - 3572-3594 How Do Financial Asset Holdings Affect Firm Value? Evidence from China
by Diandian Chen & Yong Ma - 3595-3611 The Peer Influence on Green Innovation: Evidence from Product-Similarity-Based Peer Firms in China
by Qian Wang & Cheng Xiang & Zhuoyao Xin & Chunhong Li
August 2025, Volume 61, Issue 10
- 2895-2915 Spillover Effects of the Registration-Based IPO Reform on Analyst Earnings Forecast Quality
by Qinyang Li & Lu Huang & Wentao Cao & Yinying Chen - 2916-2935 The Impact of Digital Finance on Coordinated Ecological and Economic Development: Evidence from China
by Fengge Yao & Jiayi Yu - 2936-2951 Narcissism and Cost of Debt: Evidence from Signature Size Data in China
by Ying Li & Huiyang Zhou & Xiaohui Qu - 2952-2977 Exposure to Credit Risk Spillovers and Corporate Earnings Management
by Tangrong Li & Fenggong Chen & Xuchu Sun - 2978-2992 The Driving Effect of Industrial Robots on International Industrial Transfer: Empirical Evidence from China
by Zhaozhong Zhang & Ling Wang - 2993-3021 Minority Shareholder Activism and Debt Financing Costs: Evidence from China
by Kezhi Liao & Zhihao Wang & Yu Zhang - 3022-3035 ESG Performance and CEO Dismissal: Moderating Role of State-Owned Enterprises and Ownership Concentration
by Dong Shao & TieZhu Sun & Yechi Ma - 3036-3052 Quality of Earnings Information, Technological Innovation, and Enterprise Value
by Liangguo Xu & Haicheng Shu & Ziqing Zhang & Xianglin Lu - 3053-3073 Share Repurchase and Corporate Risk-Taking: Evidence from China
by Xinjian Huang & Yingxin Wen & Tao Zeng - 3074-3095 Climate-Induced Disasters, Risk Resilience and Firm Performance
by Getao Hu & Jun Yang & Xi Cheng & Nan Li & Jun Li - 3096-3109 FDI, Financing Constraints, and Firms’ Global Value Chain Position
by Yishu Liu & Mingwei Du & Yanping Zhou & Zhiming Zhang - 3110-3127 The Role of Export Incentives and Bank Credit on the Export Survival of Firms in India During COVID-19
by Radeef Chundakkadan & Subash Sasidharan & Ketan Reddy - 3128-3143 A News Sentiment Index and Its Asymmetric Effect on Market Liquidity for the Chinese Stock Market
by Zhenxin Wang & Da Gao & Xinyu Wang & Shaoping Wang - 3144-3171 Does Optimizing the Urban Business Environment Enhance Corporate Social Responsibility Performance? Evidence from Chinese Listed Firms
by Ling Yu & Zhanqiang Zhou - 3172-3192 The Effect of Digital Transformation on Export Upgrading: Firm-Level Evidence from China
by Yibing Ding & Yining Sun & Jing Li - 3193-3214 State-Owned Directors and Executives’ Participation in Governance and Innovation Performance of Non-State-Owned Enterprises: A Study Based on Reverse Mixed-Ownership Reform
by Xiaofang Chen & Xianhua Gong & Qin Li & Yu Hu - 3215-3231 Exploring the Path to Carbon Neutrality in Prominent Asian Nations: How Green Technological Advancements, Transportation Initiatives, and Financial Progression Work?
by Chien-Chi Chu & Xiying Huang & Yun Ji & Liming Zhao - 3232-3259 Too Much or Too Little? The Inverted U-shaped Relationship between Corporate Shadow Banking Activities and Green Production Efficiency
by Sijing Li & Yingkai Yin & Qiuyun Zhao & Jennhae Liou
July 2025, Volume 61, Issue 9
- 2557-2569 Can Heterogeneous Environmental Regulations Enhance the Capacity Utilization of Steel Enterprises? The Moderating Role of Government Subsidies and Political Embeddedness
by Chao Feng & Jiaxing Luo & Xi Cheng - 2570-2589 Financial-Industrial Integration, Agency Cost, and Green Technological Innovation
by Liqun Kang & Zhikai Zhang & Han Peng & Rui Yu - 2590-2615 The Effects of Formal Financial Inclusion on Informal Credit Use: Evidence from Colombia
by Héctor M. Posada & Carlos Felipe Gaviria-Garcés & David Londoño - 2616-2642 E-Commerce and International Trade: The Case for Indonesia and Malaysia
by Seema Narayan - 2643-2657 Climate Resilience Assessment of Chinese Cities and The Enhancement Effect of Fiscal Expenditure
by Cunpu Li & Lishuo Pan & Jing He - 2658-2677 Influence of the Carbon Emissions Trading Policy on Green Patent Transfers: A Difference-In-Differences Design
by Siying Long & Xiaotong Shan & Zhongju Liao - 2678-2694 What Factors Have Influenced Fiji’s Productivity?
by Peng Niu & Chun-Ping Chang & Ratu Navuaku Gavidi & Zhujia Yin - 2695-2703 A Note on How Asia-Pacific Giants Australia, China and Japan Manage The Geopolitical Risk for Prices
by Susan Sunila Sharma & Aziz Hayat & Yoga Affandi & Arnita Rishanty - 2704-2728 Unconventional Monetary Policies and Foreign Exchange Swaps: The Case of Turkey
by Ozan Eksi & Ivan Stetsyuk - 2729-2744 The Service-Oriented Transformation Peer Effect in Manufacturing Enterprises
by Ling Ou & Zhibin Zhang & Renyu Li - 2745-2762 The Effects of Data Restriction Policies and Institutions on Digital Financial Service and Trade
by Hongxia Zhang & Heeho Kim & Sangkil Moon - 2763-2785 Chinese Monetary Policy Uncertainty and Firm Investment Efficiency
by Ang Li & Huayu Shen - 2786-2799 How Does Stock Market Volatility Affect Wealth Inequality? — Evidence from the Perspective of Portfolio Heterogeneity
by Jiashan Li & Xingjian Yi & Biyun Yang & Li Zhou - 2800-2822 How Does the Religiosity Enhance Risk-Taking of Chinese Private Enterprises: Internal Controlling or Social Supervision?
by Qicheng Zhao & Wei Yin & Zheyi Zhu & Berna Kirkulak-Uludag - 2823-2845 Climate Change and Corporate Leverage Manipulation: Evidence from China
by Chao Yuan & Xiaoran Kong & Kung-Cheng Ho & Guifang Liu - 2846-2858 Global Integration, Culture and Cross-Market Factor Momentum
by Tian Ma & Yuejie Wang - 2859-2876 Monetary Policy Shocks, Investor Sentiment, and Stock Returns: Firm-Level Evidence from China
by Xiaoping Zeng & Yunchuan Sun & Ying Xu & Haifeng Hu - 2877-2894 Distributed Learning Framework for Multi-timeframe Data Modelling in Financial Multi-step Forecasting
by Ali Mehrizi & Hadi Sadoghi Yazdi
June 2025, Volume 61, Issue 8
- 2185-2205 Interconnected Horizons: ASEAN’s Journey in the Global Semiconductor Trade Network Amidst the COVID-19 Pandemic and Supply Chain Realignments
by K. P. Prabheesh & C. T. Vidya - 2206-2223 In Search of Risk Havens in the Global South—Interconnectedness Between Mining Stocks and Energy Commodity Future
by Rabindra Nepal & Miklesh Prasad Yadav & Nidhi Malhotra & Ravinder Verma & Silky Vigg Kushwah - 2224-2246 Beyond the Core: Pollution Dynamics in Peripheral Cities Amidst Deepening Functional Division in Urban Agglomerations
by You Wu & Wanyu Xu & Jun Zha & Yun Zhang - 2247-2262 How Political Relations Affect Trade: Firm-Level Evidence from the Belt & Road
by Jiejin Xia & Xingting Wang & Haicheng Wang & Helian Xu - 2263-2279 The COVID-19 Pandemic and Entrepreneurial Dynamics in China
by Jiaqi Liu & Mingzhi Hu & Weijun Li - 2280-2301 Impact of Conventional and Unconventional Monetary Policy on Correlations Across Financial Markets: Evidence from an Emerging Economy
by Pami Dua & Divya Tuteja - 2302-2315 How Climate Risk Affects Corporate Green Innovation: Fresh Evidence from China’s Listed Companies
by Chi-Chuan Lee & Mingyue Li & Jian Zhang - 2316-2337 Stock Mispricing, Resale Options, and Differences of Opinion
by Kai-Min Huang & I-Doun Kuo & Rong-Tsorng Wang - 2338-2359 Geopolitical Risk and Trade Reorientation Dynamics: A Comparative Study
by Sidra Nazir & Kazi Sohag & Oleg Mariev - 2360-2373 Global Value Chain Disruptions and Firm Survival During COVID-19: An Empirical Investigation
by Sasidaran Gopalan & Ketan Reddy - 2374-2400 Supply Chain Finance, FinTech and Corporate Risk-Taking: Evidence from Textual Analysis of China Public companies’ Announcements
by Zhaoyi Xu & Bing Gong & Lei Hu & Haoran Gu - 2401-2426 Air Quality and Executive Compensation: Evidence from a Spatial Discontinuity in China
by Kaixia Zhang & Caiqi Bu & Weibing Li - 2427-2459 Minority Shareholders’ Dissent and Cost of Debt Financing: Evidence from Voting on Guarantee Proposals of Listed Companies in China
by Yingdan Jia & Shiyi Chen & Haiyan Yang & Yuyu Zhang - 2460-2474 Returnee Directors and CEO Turnover-Performance Sensitivity
by Xiaoxue Zhang - 2475-2489 The Impact of Fiscal Subsidies on New Energy Enterprises Sustainable Development Performance from the Climate Policy Uncertainty Perspective
by Miao Wang & Yiduo Wang & Lei Lei - 2490-2506 Remittances and Household Welfare: Evidence from Nepal’s Survey Data
by Rohan Byanjankar & Guna Raj Bhatta & Baljeet Singh & Neluka Devpura - 2507-2533 Common Ownership and Debt Default Risk
by Li Li & Erxia Tian & Wenjun Wei - 2534-2555 Effect of Cross-Ownership on Firm Green Innovation
by Chaohui Xu
May 2025, Volume 61, Issue 7
- 1819-1834 Carbon Risk and Stock Return—Evidence from Chinese A-Share Listed Companies
by Sida Chen & Qingfang Wei & Weixing Cai - 1835-1855 The Magnet Effect of Price Limits: An Agent-Based Approach
by Xinyue Dong & Tao Chen & Tian Gao & Honggang Li & Youwei Li - 1856-1877 Labor Protection and Capital Structure of SMEs: Evidence from China’s Social Insurance Law
by Jianqiang Li & Wei Lin & Yan Xu & Jingyi Yu & Xiliang Zhao - 1878-1894 Governments’ Environmental Targets and Corporate Green Innovation
by Yanping Wang & Yan Yu & Qiyan Li & Mingyue Zhong - 1895-1915 COVID-19 and Firm Debt Financing: Evidence from China
by Chen Liu & Dongmin Kong & Mengxu Xiong - 1916-1937 Green Light: Climate Change and Carbon Information Disclosure of Listed Companies in China
by Haizhu Zhao & Xiaoran Kong & Dapeng Liu & Kung-Cheng Ho - 1938-1960 Governance and Currency Crises in Latin America Post-Nineties: A Machine Learning Approach
by Karla Melissa Guzmán & Hongzhong Fan - 1961-1977 Returns on Education in the Digital Economy: Evidence from Flexible Workers
by Huaying Wei & Yufei Mao & Chunhui Yan & Siyu Cai - 1978-2000 Flexible Inflation Targeting and Exchange Rate Passthrough in India: A Markov Switching Analysis
by Sayar Ahmad Shah - 2001-2021 Does Improvement of the Social Credit Environment Facilitate Companies’ Introduction of Foreign Investment?— A Quasi-Natural Experiment of Social Credit System Reform Pilot Programs
by Zhitao Wang & Yinuo Xu & Linxiao Ding & Xiaofang Chen - 2022-2038 The Combined Impact of Dual Policies on Carbon Reduction: A Study Focusing on Broadband China and Low-Carbon Pilot Policies
by Siyao Li & Yongwang Zhang & Georgina Kuruts & Hongmei Wang - 2039-2058 The Impact of Green Tax on Enterprise High-Quality Development: Does Digital Technology Innovation Matter?
by Miao Wang & Yilin Wang & Chao Feng - 2059-2074 Family Business Inheritance Tax, Innovative Firms, and Restrictions on Changing Industry: Evidence from Korea
by Jung Joo La & Jeung Seon Lee - 2075-2091 The Impact of Debt Relief to Africa on Creditor Countries’ Product Exports: Evidence from China
by Churen Sun & Shiman Deng & Jinqiang Xu - 2092-2110 Geopolitical Uncertainty and China’s Outward Foreign Direct Investment in “Belt and Road” Countries
by Liangyu Zhang & Jingjing Lyu & Shirui Huang & Yishu Liu - 2111-2142 Does Hypocrisy Reduce Firm Value? Evidence from China
by Xingqiang Du & Rui Yu & Quan Zeng & Yiqi Zhang - 2143-2163 A Place-Based Innovation Policy and Enterprise Digital Transformation: Evidence from China
by Jingjing Lyu & Kangyin Lu - 2164-2183 Default Prediction for Wholesale and Retail Small and Medium-Sized Enterprises Using Loan Transaction and Market Evaluation Data
by Chao Peng & Gang Kou & Yi Peng
May 2025, Volume 61, Issue 6
- 1479-1507 Enterprise Annuity and Firm Innovation: Evidence from China
by Sheng Fan & Yonggen Luo & Huan Dou & Wenqi Han - 1508-1523 Protecting Lucid Waters and Lush Mountains of Hometown: Local-Born Mayors and Pollution Reduction
by Weixing Cai & Yuqi Pu & Haowei Wang & Xi Bai - 1524-1540 Government Restriction, Trading Network, and Bond Yield: A Quasi-Natural Experiment Based on the Chinese Inter-Bank Bond Market
by Dongmin Yao & Yixuan Xu & Zhao Jiangwei & Mengqi Cui - 1541-1555 The Impact of Multi-Goal Constraints of Government on Corporate Green Technology Innovation
by Bo Sui & Biao Chen & Liuyang Yao - 1556-1573 Efficiency of Educational Resources Investment: Does Financial Expenditure Matter?
by Jie Zhang & Guijuan Feng & Shixuan Ying & Zhijun Chen & Yidan Sun - 1574-1595 VAT Reform and Labor Cost Stickiness: Evidence from China
by Haifeng Yin & Dong Chen & Shangkun Liang - 1596-1613 Measuring Global FDI-Embodied Carbon Emissions
by Yuanyuan Li & Yonghua Li & Yuan Shi & Peng Wang & Yun Zhang - 1614-1629 Local Government Debt and Corporate Fraud: Evidence from China
by Ziang Lin & Xin Wang & Zhili Wang - 1630-1643 CVC Involvement, Digital Transformation, and Risk-Taking of Investee Companies: Evidence from China
by Lei Wang & Wenjing Chen & Yunbi An - 1644-1660 The Macroeconomic Costs of SOE Default
by Kaihua Deng & Yu Xiao - 1661-1683 Forecasting Bank Default Risk with Interpretable Machine Learning: The Study of Chinese Banks
by Pan Tang & Hongjuan Peng & Sihang Luo & Yangguang Liu - 1684-1711 Dynamic Evolution of the Power Structure and Contracting State Status in the Regional Trade Agreement Network and Its Trade Feedback Effects
by Yayun Xu & Peiwen Zhang & Hao Li - 1712-1733 An Analysis of The Distortive Effect of Environmental Policy Stringency on Physical Trade Balance for Fossil Fuels in China
by Godwin Olasehinde-Williams & Chien-Chiang Lee - 1734-1752 Shadow Banking, Stock Market Volatility, and Stock-Money Market Correlation: Evidence from China
by Min Liu & Hong-Fei Liu & Chien-Chiang Lee - 1753-1770 Pandemics, Local Institutional Quality, and Corporate Dividend Policy
by Qidi Zhang & Renji Sun & Tianxin Du & Kung-Cheng Ho - 1771-1781 Does Fintech Foster the Development of Green Finance?
by Jie Xu & Tingting Li & Fu Chen & Yuanyuan Quan - 1782-1801 A New Player in the International Bond Market: Comparing the Macroeconomic Determinants of Foreign-Currency Denominated Debt Before the Inclusion of the Renminbi in the SDR
by Alexandra Ferreira-Lopes & Gonçalo Ribeiro & Luís Filipe Martins - 1802-1818 Tracing the Pathways of Economic Corruption: A Comprehensive Study of Chinese Grassroots Public Officials Based on Prison Data
by Kangqing Wang & Lin Tian
April 2025, Volume 61, Issue 5
- 1151-1159 How Does the “Shanghai-Shenzhen-Hong Kong Stock Connection Schemes” Impact the Excess Goodwill?
by Qunyang Du & Zhennan Sun & Tianle Yang & Xinran Shi - 1160-1176 Are All Deposit Products in the Microfinance World Created Equal?
by Aleksandr Grigoryan & Knar Khachatryan & Valentina Hartarska & Roy Mersland - 1177-1196 Blockholders, Environmental Information Disclosure, and the Cost of Debt
by Lei Wang & Yi-Fan Sha & Yin-Che Weng & Feng-Wei Zhuang - 1197-1218 Can Corporate Environmental Social Responsibility and Financial Performance Achieve a Win-win Situation in China? -From the Perspective of Executive Social Capital
by Xiaofang Li & Zhuohang Li & Xiaoxiao Liu & Yan Wan - 1219-1235 Can High-Quality Interactions Reduce the Regulatory Inquiries Received by Firms? Evidence from Interactive Investor Platforms in China
by Yujie Zhao & Ping Zhu & Zixuan Zhang & Ping Zhou - 1236-1248 Could Digital Trade Promote Global Value Chain Participation? Evidence from Multinational Data
by Jingzhi Zhu & Lu Zheng & Yuhuan Zhao & Zhining Liu - 1249-1272 Psychic Distance’s Impact on China’s Reverse M&A Innovation
by Yiran Zhao & Qin Ye & Jianfeng Cai - 1273-1292 Supplier Instability and Idiosyncratic Risk in China: A Risk Mitigation Perspective from Real Options
by Jingbin He & Xinru Ma - 1293-1314 How Does Digital Inclusive Finance Affect Household Financial Vulnerability?
by Yanhong Qian & Lei Yan & Wenli Huang - 1315-1341 The Impact of Supply Chain Network Structure on Green Innovation: The Mediating Role of Knowledge Absorption
by Yubing Yu & Xinru Liu & Ye Wu & Yinghui Zhang - 1342-1359 Digital Infrastructure and Firm Resilience: Evidence from China
by Pin Guo - 1360-1375 Valuing Wealth with Liquidity Restrictions
by Rong Tang & Yuan Tian & Shou Chen & Ziran Zou - 1376-1386 How Does the Level of Rule of Law Affect Foreign Direct Investment in Renewable Energy Power Projects?
by Xu Tao & Biao Shi & Jun Zhou - 1387-1402 Global Value Chains and Systemic Risk: Evidence from China and the G7 Countries
by Siyu Zhu & Yong Li & Tong Niu - 1403-1427 The Effect of Drinking Culture on Corporate Cash Holdings
by Jianhua Tan & Kam C. Chan & Ya Li - 1428-1445 Financial Constraints and Firm Innovation Decision: The Roles of Corporate Governance and Risk Diversification
by Cancheng Hong & Ting Ren - 1446-1459 The Role of Internal Control on Financial Fraud: Evidence of Pre-Fraud and Post-Punishment from Chinese Firms
by Bing Wang & Jianjue Bian & Yisong Xu & Duan Liu - 1460-1478 Performance-Based Budgeting and Corporate Innovation: Evidence from a Quasi-Natural Experiment in China
by Xueping Wang & Xinglin Liu & Shichao Hu & Yuanyuan Wu
March 2025, Volume 61, Issue 4
- 805-819 How Does Digital Finance Stimulate Urban Innovation in China? The Perspective of Human Capital and Consumption Upgrading
by Wenhui Zhu & Yi-Qing Liu & Bingcheng Niu & Yuxuan Zhu & Mingbo Zheng - 820-836 Impact of Deep Preferential Trade Agreements on Bilateral Value-Added Exports
by Qing Qin & Churen Sun & Hui Jiang & Yajun Zhu - 837-857 Financialization and Stock Volatility of Low-/High-Tech Manufacturing Firms in China: The Moderating Role of M&A
by Shuangyan Li & Honghao Si & Chang Liu & Bei Gao & Mingbo Zheng - 858-874 The Impact of Climate Change Factors on Financial Markets: Evidence from China
by Xiaoyun Xing & Wenpei Ouyang & Jing Deng & Ziluo Lin - 875-902 How Does Macroprudential Policy Impact Bank Risk-Taking and Profitability: Evidence from Indian Commercial Banks
by Sanjiv Kumar & K.P. Prabheesh - 903-924 Pension Insurance Contribution and Corporate Maturity Mismatch of Investment and Financing: Evidence from Contribution Rate Reduction in China
by Wenhui Jin & Wei Wang & JinQiang Yang & Shaohui Zhang - 925-939 Sustainable Institutional Investors and Green Innovation: Evidence from Chinese Listed Firms
by Yifei Cao & Yujia Li & Zhiyi Xia & Yurui Zhang - 940-963 The Effects of Foreign Direct Investment on Green Technology Innovation: New Evidence from China’s 278 Cities
by Yunfeng Yan & Zongqi Li & Yutong Zhang & Jie Wu & Yun Zhang - 964-988 Bank Branches Expansion and Corporate Cash Holdings: Evidence from the Distribution of Bank Branches in China
by Wanli Li & Wendong Pan & Yifan Ding - 989-1009 Application of Event Study Methodology in the Analysis of Cryptocurrency Returns
by Fan Zhou - 1010-1029 Geopolitical Risk and Corporate ESG Performance: Evidence from China
by Yicheng Kuai & Huixin Wang - 1030-1048 Can Outsiders Often See the Most? Evidence from China: The Impact of Foreign Investors on Insider Trading
by Wenxin Du & Zhanchi Wu & Yibin Lin & Xiaoling Zhou & Yongchao Deng - 1049-1065 Do Investors’ Site Visits Improve Bond Market Pricing Efficiency? —An Empirical Study from the Secondary Bond Market
by Haoyang Li & Jiaxin Hu & Lidong Zheng & Lin Han - 1066-1082 Does Mutual Tenure of CFOs and Auditors Affect Accounting Information Comparability? Evidence from China
by Tianyu Zhang & Yuanchi Li & Nanxin Ma & Yuhan Zhong - 1083-1094 A Study of the Impact of Informal Finance on the Urban-Rural Income Gap - Evidence from China
by Xizhang Liu & Ruoyang Sun & Haiqing Hu & Di Chen & Qiang Fu - 1095-1112 The Impact of SARS Epidemic on Firm Investment: Evidence from Listed Firms in China
by Jinyong Zhan & Zixie Zhang & Mingjie Rui - 1113-1129 Monetary-Macroprudential Policy Synergy Through the Bank Lending Channel in Indonesia
by Fitri Handayani & Sekar Utami Setiastuti - 1130-1149 Corporate Violations and Audit Opinions: Warning Effect or Uncovering Effect?
by Wenping Qi & Yongqi Bi & Weixue Chen & Dianpeng Wang & Kai Xing
February 2025, Volume 61, Issue 3
- 547-561 A Virtuous Relation Between Vigorous Board and Small Medium Enterprises’ Performance Under the Auspices of Cash Holdings and Corporate Innovation
by Syed Ghulam Meran Shah & Pablo Ruiz Palomino & Jaffar Abbas - 562-578 The Coupling and Coordination Between Digital Economy and Green Economy: Evidence from China
by Quan-Jing Wang & Wen-Zhi Li & Zhan-Yuan Gong & Jia-Yu Fu - 579-594 The Impact of Trade Credit on Global Value Chain Position: Evidence from Chinese Manufacturing Firms
by Yaozhi Xu & Jiakang Fan & Ying Hua - 595-611 Do Market-Based Environmental Regulations Promote Green Development? A Quasi-Natural Experiment Based on Carbon Emissions Trading Pilot of China
by Jian Liu & Ziwen Yuan & Lizhao Yan & Wanling Zhou - 612-626 Decoding the Voice: Media Variations in EPU and Foreign Capital Dynamics
by Ziyang Hong & Chuanjie Wang & Yongqi Zeng & Ping Zhang - 627-640 The Value of Integrity: The Impact of Management Integrity on Corporate Financial Distress
by Mo Yang & Sishi Yue & Dayong Dong - 641-668 Takeover Threats and Corporate Tax Avoidance: Evidence from Market-Oriented Control Reform in China
by Shihao Wang & Tao Wang & Chunxian Wu & Jing Zhang - 669-683 Foreign Banks, Asymmetric Information and Financial Inclusion in Emerging and Developing Countries
by Kamilah Williams - 684-699 Emerging Stock Market Integration and Corporate Bond Credit Spreads
by Jiao Jing & Shentong Rao & Yuanyuan Song - 700-713 China’s Anti-Corruption Campaign and Internal Pay Gap: Evidence from a Quasi-Natural Experiment of Inspection Supervision Campaign
by Endian Yan & Zizhen Shan & Qingyi Peng - 714-733 Institutional Investor Distraction and Investment Efficiency
by Taiyun Zhou & Xuefeng Sun & Gang Yao & Xiaorun Wang - 734-749 Can CFOs Serving as Board Secretaries Improve Management Earnings Forecast Quality?
by Shasha Liu & Huixian Zhao & Yuhuan Wu - 750-772 Does CFO Gender Matter in Corporate Cash Holdings? Evidence from an Emerging Country
by Jonghyuk Bae & Kunsu Park & Ziyi Wang & Yunbing Huang & Ziyun Gu & Yanxuan Li - 773-785 The Impact of Investor Sentiment on Corporate Tax Avoidance from a Behavioral Finance Perspective
by Xuanzheng Zhou - 786-803 Global Shocks and Monetary Policy Transmission in Emerging Markets
by Nuobu Renzhi & John Beirne
January 2025, Volume 61, Issue 2
- 273-288 High-Speed Rail: A Fast Lane for Information Delivery of China’s IPOs
by Yizhe Shi & Chiming Guan & Jing-Wen Chang & Hongzhe Liu - 289-306 The Impact of Internal Whistleblowing on Product Quality Regulation: A Tripartite Evolutionary Game Analysis
by Lu Chen & Yan Guo & Ning Wang & Zheyun Zhao - 307-326 Value-Enhancing Effect of Climate Change Risk Disclosure by Firms: Empirical Evidence Based on Textual Analysis and Machine Learning
by Wenwei Guo & Baoling Mo & Yanling Chen & Zicong Huang - 327-353 The Blockchain and Corporate Innovation: Evidence from China
by Ping Zhang & Suqin Huang & Tewei Wang