Waste management is a distinct practice aimed at reducing its effects on health and the environment and increasing energy and material recovery. The urban waste management industry has been slow to adopt new technologies, such as sanitary landfills and incineration, which enable better treatment...

The resilience of the phosphorus (P) cycling network is critical to ecosystem functioning and human activities. Although P cycling pathways have been previously mapped, a knowledge gap remains in evaluating the P network’s ability to withstand shocks or disturbances. Applying principles of...

Not only insufficient water quantity, but also inadequate water quality can pose constraints on agricultural production and result in potential economic losses. Such economic losses in agriculture may adversely impact downstream producers through reduced input supplies. In this study, we...

Based on the logarithmic mean Divisia index (LMDI) approach, this paper presents a decomposition analysis of China’s energy-related industrial CO₂ emissions from 1985 to 2007, as well as a comparative analysis of differential influences of various factors on six sectors. Via the decomposition,...

Under the background of urban water scarcity, water resources need to be calculated systematically. To conduct comprehensive water resources accounting on the premise of reality-approaching simulation, we proposed an urban water resources accounting method based on the perspective of industrial...

We study the effect of state control on capital allocation and investment in China where the government screens prospective stock issuers. We find that state firms are more likely to obtain government approval to conduct seasoned equity offerings than non-state firms. Further, non-state firms...

We study the effect of state control on capital allocation and investment in China, where the government screens prospective stock issuers. We find that state firms are more likely to obtain government approval to conduct seasoned equity offerings than non-state firms. Further, non-state firms...

This study investigates whether companies engage in audit opinion shopping activities by exerting influence over an audit firm's decision to switch the engagement partner (“partner-level opinion shopping”) in the Chinese setting, where the identities of engagement partners are publicly...

We identify connected auditors as those who attended the same university as the executives of their clients. Using manually collected data from China, we find that connected auditors are more likely to issue favorable audit opinions, especially for financially distressed clients. Moreover,...

Using a 2004 Chinese securities regulation that requires equity offering proposals to obtain the separate approval of voting minority shareholders, we examine whether giving minority shareholders increased control over corporate decisions helps reduce value-decreasing corporate decisions for...