The transformation of economies towards net zero greenhouse gas (GHG) emissions within
very few decades will require substantial investments. However, the transition to a low …

Confronted with the increasingly severe climate change, frequent changes in Chinese
government decrees have enhanced climate policy uncertainty. This study explores the …

We use close gubernatorial elections as a quasi-natural experiment to document a positive
effect of political uncertainty on firm-level R&D. This finding is in contrast to the existing …

Using a comprehensive data set of a large panel of US firms over 1984–2017, we show that
the negative effect of crude oil price return uncertainty on investments is asymmetric. In …

This paper investigates the effect of uncertainty on R&D investment. We find that firms invest
more in R&D when they face higher uncertainty, as measured by idiosyncratic return …

Purpose The purpose of this study is to examine the relationship between the news-based
economic policy uncertainty (EPU), research and development (R&D) expenditures per …

In recent years, the question of how uncertainty influences corporate decisions has received
greater interest among academics, researchers, and corporations. This study is an attempt to …

This paper aims to investigate corporations' ESG for sustainable investment in China, with
the moderating role of regional marketization. ESG is a form of business value for …

Existing evidence on the relationship between R&D intensity and firm survival is varied and
often conflicting. We argue that this may be due to overlooking R&D scale effects and …

This study investigates how R&D affects firm performance and examines whether and how
state ownership moderates the R&D–firm performance nexus. Moreover, this study …