This article examines the propensity to pay dividends in the U.S banking sector during 1973-2014. Although the propensity to pay dividends has been declining over the 52 years of our sample period, banks are consistently more likely to pay dividends than non-financial firms. Using the...

This paper investigates the determinants and the time pattern of the subjective well-being of private business owners. We find that both personal and enterprise-level factors have a significant influence on subjective status of private business owners. Meanwhile, we find supportive evidence of...

Traditional transportation development has yielded significant economic and social benefits, but it has also led to increased pollution emissions and substantial environmental impacts. Transport has become a major source of carbon emissions in China. Against the backdrop of national goals for...

Based on a total of 1,590 listed non-financial firms on the Taiwan Stock Exchange and the Taipei Exchanges covering the period of 2007 ~ 2020, this study examines whether a firm's capital structure is affected by its corporate social responsibility (CSR) performance. While existing research has...

Suppressing corporate financialization exacerbated by rising labor costs is an important micro-level issue for revitalizing the manufacturing industry. This research investigates the interaction mechanism among labor costs and financialization, using panel data of Chinese listed companies from...

Nearly three decades have passed since the new knowledge and technologies like genetics and biotechnology have emerged. By passing through various periods in which labor force, resources and capital, each one at a certain time, have been comparative and competitive advantages for a more powerful...

This study explores the role of fnancial support in the digital transformation of Chinese A-share-listed companies from 2001 to 2020. By utilizing the moderating efect model and threshold regression model, this study fnds the following results: (1) Digital transformation positively impacts...

With more activities being moved online during the COVID-era, digital infrastructure, as a public service, is now playing a greater role in influencing innovation and making the symbiotic relationship between innovation subjects closer. While the surge in patenting in China is associated with a...