This study uses the Wave 2 (2013), Wave 3 (2015) and Wave 4 (2018) released by Harmonized China Health and Retirement Longitudinal Study (CHARLS) to examine the effect of cognitive ability on stock investment in the middle-aged and older populations in China. This study investigates the...

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....

Since subsidies for fossil-fuel producers entail "carbon locked-in" risks, phasing out the subsidies is widely agreed to be critical for progress on climate change towards carbon neutrality. However, due to the uncertainties and irreversibilities associated with environmental degradation and...

With the rapid economic growth in most Emerging Market Countries, the energy intensity showed a striking decline. To explore this energy puzzle, we evaluated energy intensity reduction in 30 Emerging Market Countries, which were referred to as E30 in this paper. A combined conceptual analysis...