Based on annual observations of heavily polluting enterprises of A-share listed companies from 2012 to 2019, this paper analyzes the impact of officials' preference for enterprises' investment in environmental protection in the officials' hometowns. It is found that when the Secretary of the...

Purpose - The purpose of this paper is to explore the internal interaction mechanism of marine scientific research and education, industrial structure upgrading and marine economic growth from a systematic perspective, based on which this work forecasts their future development trends....

In order to evaluate the reliability of distribution system with demand response, this paper established the load peak-valley partition model and demand response model corresponding to every period based on load peak-valley characteristics. Then considering the characteristics of distribution...

The spread of natural gas in the main international natural gas markets shows characteristics of violent fluctuation, frequent mutation, and periodic evolution, which pose a great challenge to the safety and sustainable development of natural gas in China. First, this paper used the complete...

This study explores financial literacy (FL) and its influence on market participation among rural residents in China. Using the 2017 China Household Finance Survey, we find that rural residents have low FL and answer only 33% of basic and 20.8% of advanced questions on average. The findings...

In this paper, a new multi-objective technique has been proposed for optimal analysis of three different candidate heat pump solutions including the vapor compression cycle (VCC), trans-critical R744 cycle, and Peltier device to determine which one gives the best configuration and better...

This study explores the relationship between the takeover market and enterprise innovation. We also investigate the mediating role of internal governance (managers' compensation incentives, equity incentives, boards of directors, and large shareholders) on the relationship between the takeover...

Gender and racial discrimination at work have gradually gained more attention from the public in the recent years. With social movements such as #MeToo and #BlackLivesMatter, people start to reach the consensus that there should be more equality in society; more perspectives from different...

This paper employs the difference-in-differences (DID) to investigate the impact of "going global" on enterprises' financialization. Baseline estimation shows that the degree of financialization of enterprises participating in the Belt and Road Initiative was lower compared with those not...

A child's ability to resist temptation is an important non-cognitive skill and associated with lifetime benefits. Using a longitudinal dataset, this study links Chinese preschoolers' delay of gratification to their later scholastic performance during primary education. An empirical investigation...