A review of empirical capital structure research and directions for the future

JR Graham, MT Leary - Annu. Rev. Financ. Econ., 2011 - annualreviews.org
This article reviews empirical capital structure research, concentrating on papers published
since 2005. We begin by documenting three dimensions of capital structure variation: cross …

How do ESG affect the spillover of green innovation among peer firms? Mechanism discussion and performance study

J Li, G Lian, A Xu - Journal of Business Research, 2023 - Elsevier
This study presents a theoretical framework for studying the green innovation spillover effect
from corporate environmental, social, and governance (ESG) and explores the underlying …

Digital transformation and low-carbon technology innovation in manufacturing firms: The mediating role of dynamic capabilities

G Yang, Y Nie, H Li, H Wang - International Journal of Production …, 2023 - Elsevier
Green challenges such as global warming call for deeper low-carbon technology changes in
manufacturing firms, and digital transformation (DT) may play a major role. Most existing …

Peer effect in green credit induced green innovation: An empirical study from China's Green Credit Guidelines

X Tan, Y Yan, Y Dong - Resources Policy, 2022 - Elsevier
Green credit policy has been increasingly critical in easing financing restraints on green
innovation. China's Green Credit Guidelines (GCGs) limit loans to industries with high …

Influencing factors that determine capital structure decisions: A review from the past to present

PY Boateng, BI Ahamed, MG Soku… - Cogent Business & …, 2022 - Taylor & Francis
This review study seeks to assess the state of determinants of corporate capital structure
over the last 7 years to aid discover gaps as opportunity for further research. The review …

How do government policies affect the diffusion of green innovation among peer enterprises?-An evolutionary-game model in complex networks

R Fan, Y Wang, F Chen, K Du, Y Wang - Journal of Cleaner Production, 2022 - Elsevier
Peer enterprises face similar market environment and development prospects. For the
purpose of economic rationality and avoiding risks, enterprises imitate and learn from peer …

Can digital transformation improve the information environment of the capital market? Evidence from the analysts' prediction behaviour

W Chen, L Zhang, P Jiang, F Meng… - Accounting & …, 2022 - Wiley Online Library
This study tests the impact of enterprise digital transformation on the information
environment. The results show that while analyst coverage increase significantly and the …

Socially responsible firms

A Ferrell, H Liang, L Renneboog - Journal of financial economics, 2016 - Elsevier
In the corporate finance tradition, starting with Berle and Means (1932), corporations should
generally be run to maximize shareholder value. The agency view of corporate social …

Peer effects of corporate social responsibility

J Cao, H Liang, X Zhan - Management Science, 2019 - pubsonline.informs.org
We investigate how firms react to their product-market peers' commitment to and adoption of
corporate social responsibility (CSR) using a regression discontinuity design approach …

Does board gender diversity increase dividend payouts? Analysis of global evidence

D Ye, J Deng, Y Liu, SH Szewczyk, X Chen - Journal of corporate finance, 2019 - Elsevier
Abstract Employing 63,464 firm-year observations of 8876 companies in 22 countries from
2000 to 2013, we conduct a series of multiple regression analyses that reveal a significantly …