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 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 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...

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...

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...

This study uses biform game models to examine firms' patent deployment strategies that involve a choice between appropriating a patented technology to gain a unique competitive advantage or licensing the technology to a competitor in the product market. It addresses the question of under what...

Purpose - This paper explores the association between directors' and officers' liability insurance (D&O insurance) and management tone manipulation. Design/methodology/approach - This study uses data from A-share listed non-financial companies from 2009 to 2021 as its sample for empirical tests....

The discharge of nuclear-contaminated water containing radionuclides into the ocean by Japan will lead to its integration into the entire ecosystem through processes of circulation and biomagnification, eventually entering the human body via the food chain. This poses a substantial risk of...