Abstract This study takes Chinese A‐share listed firms from 2007 to 2020 as samples examine the impact of top management team (TMT) stability on corporate default risk. The research findings reveal that TMT significantly mitigates Furthermore, industry competition strengthens inhibitory effect risk, while strategic deviance notably weakens this effect. Heterogeneity analysis results indicate risk is more pronounced for non‐state‐owned enterprises, situated in regions with higher levels...

Purpose The purpose of this paper is to examine the impact corporate environmental responsibility (CER) on cash holdings. This also investigates moderating effects ownership type and institutional environment between CER Design/methodology/approach study uses data most polluting listed companies Shanghai Shenzhen stock exchange markets over period 2010–2019. from Hexun.com (a professional CSR evaluation system) are used measure performance. Two proxies level holdings simultaneously, where...

Using the data of China A-share listed firms from 2015 to 2019, we examine effect exchange inquiry letter regulation on stock price informativeness. It is found that prices inquired contain more firm-level information after receipt letter. Further research demonstrates attracting investors' attention firm-specific potential channel through which letters improve This paper provides empirical evidence for effectiveness regulation, has significant implications improving disclosure and...

<abstract> <p>This paper examines the effects and mechanism paths of monetary policy on firms' "short-term debt for long-term investment (SDFLI)" behavior using panel data Chinese A-share listed firms from 2007-2019. The findings indicate that loose suppresses corporate SDFLI by lengthening credit maturity structure through channel. In addition, heterogeneity analysis shows significantly inhibits state-owned enterprises(SOEs), non-high-tech firms, in regions with high bank...

Taking Chinese non-financial A-share companies listed on the Shenzhen Stock Exchange (SZSE) between 2003 and 2018 as a sample, this paper empirically examines whether how institutional investors’ site visits (SVs) affect corporate investment-cash flow sensitivity (ICFS). The results show that SVs can reduce ICFS, effect is more obvious for with fewer investment opportunities, larger sizes, higher internal cash flows, agency costs, indicating primarily inhibit ICFS caused by conflicts rather...

This study examines the tail risk spillover effects among high-and low-carbon,ESG and Fintech assets based on CAViaR-TVP-VAR technique.The dynamic connectedness analysis indicates that high-carbon FinTech receive spillovers from low-carbon ESG assets.The network is particularly significant low-carbon,ESG,and due to their shared dependence policy support technological advancements,making connections more compared assets.During extreme market events,tail increase significantly,with...

Using the sample of Chinese A-share listed firms from 2010 to 2020, this study examines impact non-controlling large shareholders (NCLSs) on corporate capital structure adjustment. The results show that NCLSs significantly increase dynamic adjustment speed and reduce deviation. have an asymmetric influence for different deviation directions, i.e. compared upward after a downward structure, effect is stronger. Whether in state-owned enterprises (SOEs) or non-state-owned (NSOEs), speed....

Purpose This study empirically investigates the impact of directors' and officers' liability insurance on corporate environmental investment. Design/methodology/approach paper takes A-share listed firms in most polluting industries from 2013 to 2019 as research sample. The authors perform multiple regression analysis examine question, other approaches such PSM Heckman two-stage model are applied test robustness main results. Findings find that D&O insured significantly decrease level...

Standards activities are not just a ?nice-to-have? aspect of the IEEE Consumer Electronics (CE) Society, but they should proactively serve Society in multiple roles. Through standards activities, we could improve Society?s visibility, help it stay current and relevant, attract keep members (especially those from industry), provide various ways for to collaborate with other entities (companies, associations, etc.).