We analyze the performance of volatility targeting strategies. Conventional volatility targeting fails to consistently improve performance in global equity markets and can lead to markedly greater draw-downs. Motivated by return patterns in different volatility states, we propose a conditional...

Purpose This study proposes spatial origin-destination threshold Tobit to address spatial interdependence among bilateral trade flows while accounting for zero trade volumes. Design/methodology/approach This model is designed to capture multiple forms of spatial autocorrelation embedded in...

This study examines how maturity mismatched behavior influence firms’ digital orientation, and the moderate effect of digital financial inclusion (DFI) on maturity mismatched behavior. We use a sample of over 3,000 Chinese listed firms for the period 2011-2020, we provide new evidence on the...

Complementary technological linkages provide access to the external technology at lower cost and compensate for weak or absent local technological capabilities, which has an important role in improving carbon emissions efficiency. This study examines this issue in the industrial sector in China....

Blockchain is considered by many to be a disruptive core technology. Although many researchers have realized the importance of blockchain, the research of blockchain is still in its infancy. Consequently, this study reviews the current academic research on blockchain, especially in the subject...