This study examines the effect of population aging on corporate cash holdings using a sample of Chinese A-share listed firms from 2007 to 2021. These results indicate that population aging increases corporate cash holdings. The mechanism analysis suggests that increased labor adjustment costs...

Smart cities are a way for China to construct an innovative and environmentally conscious nation. The paper examines the impact of smart cities on corporate green governance and provides a theoretical foundation for formulating and executing smart city policy in China. Based on panel data from...

Coal dependence and inefficient decentralized heating have significantly increased China's energy consumption for winter heating, increasing air pollution and exacerbating the greenhouse effect. In 2017, China implemented the Pilot Policy on Clean Winter Heating in Northern China, aiming to...