In this paper, we find that the conflict of interest between loan holders and bondholders is positively related to bond IPO underpricing, which serves as a compensation to the initial bond investors. We construct four proxies for the conflict between loan holders and bondholders, namely, a loan...

In 2022, China actively carried out economic transformation and sought high-quality development. To date, enhancing enterprise value is still one of the top priorities for enterprises. Enterprises should take various measures to continuously enhance their value in order to strive for their...

As China undergoes its present phase of economic transformation, it is critical that the Chinese manufacturing sector takes the initiative to address its social responsibility and pursue green, sustainable growth. Stakeholder theory forms the basis for this paper, categorizing Corporate Social...

This study explores the diversification of high-quality technologies within Chinese cities from 2000 to 2015. Our results reveal that both high-quality and low-quality technological portfolios contribute to high-quality technological diversification. High-quality portfolios dominate this process...