Most companies rely heavily on earnings to measure operating performance, but earnings growth has at least two important weaknesses as a proxy for investor wealth. Current earnings can come at the expense of future earnings through, for example, short‐sighted cutbacks in investment, including...

The harmonious development of trade and environment is extremely crucial for developing countries that face challenges posed by extensive economic models and environmental pollution as they strive to engage more deeply in the global economy. This article utilizes micro-level data from the...

The emphasis is to inspect the contribution of non-global value chains embedding,global value chains embedding and different embedding modes on the fluctuation ofChina's export growth rate. The results indicate that, China's export growth rate holds asignificant "transitional fluctuations"...

Measuring the digitalization effect, especially in traditional industries, is crucial for both economic researchers and policy makers. We quantify the effect and the rate of digitalization at the country/sector level in China from the perspective of production on the basis of the Inter-Country...

Is foreign capital withdrawal historical opportunity or realistic challenge for Chinese firms to upgrade their global value chain (GVC)? Based on the framework of demand and supply, this study examines the impact and main characteristics of foreign capital withdrawal on upgrading Chinese...

This paper examines the stock market response to the establishment of M&A funds by Chinese listed firms and the investments made by M&A funds. Our results show that the establishment of M&A funds by listed firms in general do not create value. Even after these M&A funds make investments, there...

The current empirical literature shows that logistics plays a vital role in increasing the total volume of international trade. However, there is scarce literature on the impact of logistics performance on global value chain trade. Therefore, the objective of this paper is to investigate the...

In the context of global sustainable development, the relationship between environmental, social responsibility, and governance (ESG) performance and multi-stakeholder value creation has been widely discussed. However, there is a complex causal relationship between ESG performance and value...