Using the high-speed rail opening of each city in China as a natural experiment, we apply the difference-in-differences model to investigate how the transportation infrastructure in a region affects the behaviour of local company going public. We find that after high-speed rail runs through a...

Senior talents are the source and driving force of sustained economic growth, so attracting and retaining senior talents is crucial to local economic development. From the perspective of senior talents - executives, using a sample of publicly traded A-share listed companies during 2005-2018 in...

Using Chinese comment letters data, we investigate the impact of the disclosure of comment letters on the cost of debt financing. Empirical results show that when the comment letters are publicly disclosed, creditors charge borrowers significantly higher cost of debt financing. Furthermore, when...

The contemporary scientific and technological revolution and industrial transformation are accelerating an overall industrial evolution. The integration of industrial, innovation, and service chains (three-chain) has become an important measure for countries around the world for assessing and...

The development of high-tech industries in an open economy has become an inevitable requirement for all countries to enhance their competitive advantages and overall national strength. Technological innovation is a direct driving force for promoting high-tech industries' development. The...

Globally, energy is considered a backbone for any country's sustainable growth. However, Pakistan has still encountered a massive energy crisis that affects its society economically. Therefore, policymakers keenly focused on distinguishing factors contributing to Pakistan's sustainable energy...

Purpose: This study aims to verify the relationship between organisational culture consent and job satisfaction among creative talents using data from China and to provide professionals with insights into the factors to be considered for shaping culture functions, improving job satisfaction and...

The integration of renewable energy into existing energy infrastructure plays a significant role for promoting sustainable development, but it lacks the certain facets of comprehensive feasibility analysis regarding technical, economic, and environmental aspects. This study focuses on...

Social responsibility investment (SRI) has attracted worldwide attention for its potential in promoting investment sustainability and stability. We developed a three-step framework by incorporating environmental, social, and governance (ESG) performance into portfolio optimization. In comparison...

Due to sectoral interactions in the economy, the overall green efficiency (GE) of China’s industrial system relies heavily on fundamental sectors that contribute substantial energy to the supply chain production of other sectors but shows low sectoral GE. For the three fundamental sectors in...