State-owned enterprises (SOEs) are important components of the Chinese economy.
Although SOEs are generally considered inefficient in operations, China's economy, which …

This paper designs a quasi-natural experiment for the identification of causal relationships
between economic policy uncertainty and firms' investment-financing decisions using …

This paper examines whether the relationship between corporate financialization and fixed
investment rate is heterogeneous among China's listed non-financial enterprises. Using …

Using the data of Chinese industrial enterprises, we examine how the incentive to reach
GDP growth targets affects the local firms' capacity utilization. We find that Chinese …

The economic consequences of environmental regulations remain controversial. This study
examines the impact of carbon emissions trading on enterprises' investment efficiency. The …

Literature suggests two contradictory views regarding the impacts of fintech lending on
banks. The competition-instability proponents believe that fintech lending expansion erodes …

This study examines how the large and unexpected Chinese credit stimulus in 2008 affects
firms' labor decision. Using a large sample of industrial firms, we find that state-owned …

This study examines the impact of economic policy uncertainty on inefficient investment of
energy and power firms. Analyzing a sample of publicly listed energy and power firms in …

The rise of fintech and concerns over environmental, social and governance (ESG) practices
with regard to corporate strategy represent two leading economic trends over recent years …

Abstract This paper uses 13,766 firm-year observations between 2003 and 2013 from China
to investigate the effects of monetary policy on corporate investment and the mitigating …