This paper analyzes the impact mechanism of executive poverty experience on innovation performance from two logics “innate endowment” and “endogenous power.” It then explores moderating role characteristics, firm nature, market competition perspective heterogeneity, finally proves influence mechanism. Using data Chinese A-share listed companies 2012 to 2020, empirical results show that executives’ improves corporate performance. Further studies find female executives with have a more...

Purpose Taking a dynamic endogenous perspective, this study aims to examine neglected endogeneity issues in the relationship between corporate social responsibility (CSR) and brand value relationship’s moderation by governance. Design/methodology/approach The uses three-stage least squares (3SLS) method on 990 samples of 110 most valuable listed companies published World Brand Lab for 2013–2021 empirically test two-way interactive CSR value. Findings findings reveal that increasing...

Co-patents are outcomes of R&D collaboration, which has been proven with higher-quality. Does this mean that high-quality patents should also extend their advantage to the technology market? Based on transaction cost theory, we use China National Intellectual Property Administration (CNIPA) database and logit model explore effect co-ownership firms' patent commercialization factors co-patents affect commercialization. Our findings illustrate a negative impact In addition, co-owner's nature,...

This study examines the impact of digital transformation on quality corporate information disclosure. Employing panel-data analysis A-share listed companies, we empirically test our hypothesis and find that significantly improves disclosure remain robust after controlling for variable substitution measurement, sensitivity analysis, PSM+DID. Moreover, indicates effects different technologies vary. We also examine moderating role internal external factors, results suggest market competition...

Firms attach more and important to digital transformation in the wave of digitalization. Using a sample Chinese listed firms from 2010 2020, this study explores how affects earnings management. The results show that decreases real management increases accrual impact on is significant non-state-owned firms, high-tech eastern region. Mechanism tests by raising analysts’ following improving internal control efficiency, reducing employment big four accounting causes great pressure. main are...

Drawing on the upper echelons and time orientation theories, we examined influence of managers’ temporal disposition corporate financial asset allocation. We used textual analysis to measure managerial myopia, panel data shows that management myopia will increase allocation assets. The results maintain robustness after PSM, endogenous control, other tests. This study verifies moderating effect governance, proving positive causal relationship is more pronounced in firms with high power low...

This study utilizes the upper echelons and time orientation theoretical frameworks to analyze impact of managers' temporal disposition on financial asset allocation within corporations. Through textual analysis panel data analysis, demonstrates a positive correlation between management myopia allocation. The observes that corporate governance moderates this relationship, with high managerial power low analyst following resulting in stronger effect. further establishes influences through...

Gender inequalities are widespread in the labor market, especially venture capital (VC) industry. Women expected to balance work and family, left with limited energy be competent a high-intensity environment, such as firms. However, multiple roles women play help improve their multitasking ability, which makes female capitalists (VCs) more patient they tend have stronger resolve when faced difficult tasks. This study investigates role of gender diversity VCs Using sample 503 Chinese firms,...

Abstract This study examines the relationship between high-speed railways (HSRs) and environmental pollution by focusing on mediating role of regulations moderating officials’ political promotion incentives. Based a sample 113 prefecture-level cities, with balanced panel data in China from 2009 to 2017, using difference-in-differences (DID) model, results show that HSRs can reduce via effect regulations. Additionally, high incentives strengthen this effect. A propensity score matching...

College education has a serious talent training and social phase segmentation problem, which is also key solution that needs to be focused on the current university, by integrating labor innovative entrepreneurial an effective way achieve training. Through this model, it transform shortcomings of original college education, making cultivated meet development needs. Therefore, paper studies for research integration new era first discusses meaning two development, then puts forward hoped...