Transaction cost theory: Past progress, current challenges, and suggestions for the future

IRP Cuypers, JF Hennart, BS Silverman… - … of Management Annals, 2021 - journals.aom.org
Transaction cost theory (TCT) has been fruitfully applied to a wide range of organizational
phenomena, as reflected in a vast and evolving body of research. However, in part due to …

Geopolitical risk and environmental degradation in BRICS: Aggregation bias and policy inference

JS Riti, Y Shu, MKJ Riti - Energy Policy, 2022 - Elsevier
Currently, the high incidence of environmental degradation is widely quoted as one of the
key global concerns. Previous literature has examined various determinants of …

Investor protection and the information content of annual earnings announcements: International evidence

M DeFond, M Hung, R Trezevant - Journal of Accounting and Economics, 2007 - Elsevier
We draw on the investor protection literature to identify structural factors in the financial
reporting environment that are likely to explain cross-country differences in the information …

Commonality in news around the world

TL Dang, F Moshirian, B Zhang - Journal of Financial Economics, 2015 - Elsevier
Motivated by the pioneering study of Morck, Yeung, and Yu (2000), this paper investigates
whether and how news commonality varies according to a country׳ s institutional …

The local impact of typhoons on economic activity in China: A view from outer space

RJR Elliott, E Strobl, P Sun - Journal of Urban Economics, 2015 - Elsevier
We examine the impact of typhoons on local economic activity in coastal China. To capture
potential damages from an individual typhoon we use historical typhoon track data in …

The effect of corruption on investment growth: Evidence from firms in Latin America, Sub‐Saharan Africa, and transition countries

E Asiedu, J Freeman - Review of Development Economics, 2009 - Wiley Online Library
Most of the empirical studies that analyze the impact of corruption on investment have three
common features: they employ country‐level data on investment, corruption is measured at …

Exploring the influence of big data on city transport operations: a Markovian approach

R Mehmood, R Meriton, G Graham… - International Journal of …, 2017 - emerald.com
Purpose The purpose of this paper is to advance knowledge of the transformative potential
of big data on city-based transport models. The central question guiding this paper is: how …

Does the scope of the sell‐side analyst industry matter? An examination of bias, accuracy, and information content of analyst reports

K Merkley, R Michaely, J Pacelli - The Journal of Finance, 2017 - Wiley Online Library
We examine changes in the scope of the sell‐side analyst industry and whether these
changes impact information dissemination and the quality of analysts' reports. Our findings …

Offering versus choice in 401 (k) plans: Equity exposure and number of funds

G Huberman, W Jiang - The Journal of Finance, 2006 - Wiley Online Library
Records of over half a million participants in more than 600 401 (k) plans indicate that
participants tend to allocate their contributions evenly across the funds they use, with the …

Exploring spatial characteristics of city-level CO2 emissions in China and their influencing factors from global and local perspectives

Q Liu, S Wu, Y Lei, S Li, L Li - Science of The Total Environment, 2021 - Elsevier
In China, cities are the basic units for implementing CO 2 abatement policies. However, few
studies have comprehensively explored the spatial characteristics of CO 2 emissions (CEs) …