Globally, the sharing economy is considered a significant factor in achieving energy efficiency and sustainable economic development (SED) which needs regulatory and academic focus. This article investigates the impact of the sharing economy, including sharing economy users and sharing economy...

The property insurance industry grows fast in China and it is necessary to further investigate the profitability of the Chinese property insurance industry. This study investigates the evolution and determinants of the profitability of 53 Chinese property insurers during the year 2013-2017....

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...

A major risk currently facing the Chinese economy is overcapacity, which affects the efficiency of social resource allocation (Xi et al., 2017; Huang et al., 2019). When a company is in crisis, the internal capital market often plays a propping role. This study approached this issue from the...

In the context of a vertically differentiated duopoly model with endogenous quality choice, we analyzes the welfare effect of overlapping ownership when the market is fully covered. The results show that overlapping ownership, while detrimental for consumer surplus, may increase or decrease...

In the context of developing FinTech innovation, a commercial bank's use of FinTech innovation can improve its risk management capability, thereby reducing its risk-taking. This paper explores the impact and mechanism of a bank's FinTech innovation on its risk-taking using panel data of 65...

Digital technology changes the innovation mode, and the innovative factors among innovation subjects will be digitally empowered. The government plays a very important role in determining the allocation of innovative factors. Therefore, it is necessary to clarify the main source of power for the...