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...

Rapidly increasing cryptocurrency prices have encouraged cryptocurrency miners to participate in cryptocurrency production, increasing network hashrates and electricity consumption. Growth in network hashrates has further crowded out small cryptocurrency investors owing to the heightened costs...

Convertible bonds are an important segment of the corporate bond market, however, as hybrid instruments, convertible bonds are difficult to value because they depend on variables related to the underlying stock, the fixed-income part, and the interaction between these components. Besides,...

This paper theoretically studies the interaction between an informed borrower and an uninformed lender facing possible default of a loan application. The lender is motivated to invest cognitive resources before making a lending decision. If the regulatory fine is weak, it is impossible for a...