The acquisition of external R&D positively affects the creation of innovative products;
however, as external R&D intensity and complexity increase, firms may face higher costs of …

We examine whether US high-tech firms are more or less conditionally conservative
compared to low-tech firms. We anticipate high-tech firms to display lower conditional …

This study provides the empirical evidence on the impact of big data analytics (BDA) on firm
risk. Using a combination of deep learning and text mining, we construct BDA indicators for a …

With the rapid progress of China's information technology and digital economy, investors,
especially retail investors, can communicate directly with enterprises on online platforms of …

This study contributes to the literature on the sensitivity of executives' compensation to risk,
or vega, by examining the impact of rivals' compensation on the firm's vega and its …

The impact of the environmental tax on internal income distribution within firms is a crucial
extension for evaluating the economic effects of environmental regulation policies. However …

This study examines how industry tournament incentives affect chief executive
officers'(CEOs') attitudes toward differential risk‐taking. The results show that these …

Purpose The aim of this paper is to study the impact of the questions and answers (Q&A)
between investors and enterprises from the China stock exchange investor interactive …

以我国2017—2019 年沪深两市A 股实施股权激励的上市企业为样本, 基于股东视角分析股东对
创新投入信息的反应, 探讨这一反应在股权高度集中时的变化, 并考察高管团队股权激励异质性 …

A relação entre o valor de mercado das empresas e o investimento em pesquisa e
desenvolvimento (P&D) ainda não é completamente compreendida. Nesse sentido, o …