We investigate the effect of the capital market opening on green innovation. Using the
Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect as a quasi …

We survey two generations of research on corporate governance systems around the world,
concentrating on countries other than the US The first generation of international corporate …

How does competition in firms' product markets influence their behavior in equity markets?
Do product market imperfections spread to equity markets? We examine these questions in …

The purpose of this paper is to provide a comprehensive view of the current state of the
literature in sustainable issues in financial research. Progress in these areas has generally …

In this study, we examine the determinants of corporate environmental responsibility (CER),
as well as the relationship between legal systems and CER as measured by a unique set of …

We present an overview of the literature that links capital structure and factor-product
markets. These studies relate some elements of the modern financial theory to the …

In a democracy, a political majority can influence both the corporate governance structure
and the return to human and financial capital. We argue that when financial wealth is …

We posit that national cultural practices influence the institutional environment, which in turn
has an influence on corporate governance practices. We empirically evaluate these …

Banks may be unable to refinance short-term liabilities in case of solvency concerns. To
manage this risk, banks can accumulate a buffer of liquid assets, or strengthen transparency …

This study refines and extends Anglo-American research exploring excess executive
compensation and its effects on firm value using data from Taiwan, a country in which the …