This study empirically investigates the relationship between independent directors' cash compensation and the likelihood of corporate fraud. Using data of 2542 Chinese firms and 17239 firm years from 2010 to 2017, the findings of logistic regression, firm-fixed effects, instrumental variable...

In the era of advancing digital transformation, the impact of the digital divide on residents' financial behavior has garnered considerable attention, yet there exists a gap in understanding its implications for financial advisors. Employing the analytical framework of "access gap-usage...

Full electronic automation in stock exchanges has recently become popular, generating high-frequency intraday data and motivating the development of near real-time price forecasting methods. Machine learning algorithms are widely applied to mid-price stock predictions. Processing raw data as...

The purpose of this paper is to explore the role of knowledge-based dynamic capabilities in national innovation systems in the achievement of sustainable development goals, employing an empirical approach in the context of the unprecedented COVID-19 crisis. Based on data from 130 sample...

In the traditional human capital framework, education is often considered as an investment, rather than consumption, while consumption is not necessarily precluded. Whether education is an investment is empirically unclear and relatively under-explored. We shed light on this issue by estimating...

Business cycles and economic growth have long been studied separately, hindering understanding of the nature and causes of economic fluctuations and growth. Here, we present an economic model that incorporates both deterministic trends and persistent fluctuations, derived from a general economic...

Purpose This paper aims to study the motivations for purchasing protective products. Design/methodology/approach Empirical microeconomic research. Findings The results show that comparing with ordinary families, families vulnerable to environmental conditions, including prepregnant, pregnant and...

Comparing the priority order of different agricultural science and technology services adopted by cotton farmers and exploring the influencing factors of agricultural science and technology service adoption by cotton farmers from the perspective of farmer differentiation is significantly...

With the aging of Lithium-ion batteries (LIBs) of electric vehicles in the near future, research on the second use of retired LIBs is becoming more and more critical. The classification method of the retired LIBs is challenging before the second use due to large cell variations. This paper...

Previous studies indicate that individuals’ default behaviors on online peer-to-peer (P2P) lending platforms greatly influence other borrowers’ default intentions. However, the mechanism of this impact is not clear. Moreover, there is scarce research in regard to which factors influence the...