This study investigates the effect of financial technology (FinTech) development on stock price crash risk. We show that the development of FinTech can inhibit management from deliberately hiding bad news and alleviate information asymmetry, thereby reducing stock price crash risk. This effect...

Purpose - In the presence of coronavirus disease 2019 (COVID-19), due to the social distance restriction, consumers' regular consumption behaviors and patterns have been changing fundamentally. Thereafter, an innovative group buying model has emerged and developed explosively with a specific...

The Chinese government has taken regulatory measures to address grassland degradation in pastoral areas, but problems such as inadequate monitoring and low efficiency still exist. Previous studies have revealed that grassroots governance played active roles in protecting grassland ecology and...

According to International Carbon Action Partnership 2021, this paper roughly classifies the operating trading systems into three schemes based on the scope of emission trading. This paper examines the various impacts of the magnitude of technology difference among countries, the coverage of...

Although there have been considerable discussions on the business value of adopting blockchain in supply chains, it is unclear whether such blockchain-enabled supply chains (BESCs) can help firms mitigate the negative impact resulting from the recent COVID-19 pandemic. Our study aims to answer...

The Gulf Economic Update (GEU) is the product of the Economic Policy unit for Middle East and North Africa at the World Bank Group. It provides an update on key economic developments and policies in the Gulf Cooperation Council (GCC) countries over the past six months, places them in a...

With the increase in shipping density, the risk of wastewater generated by ships in coastal areas has raised much attention. The present study proposes a model to estimate the spatiotemporal distribution of wastewater including greywater and sewage generated by ships in coastal areas. The model...

Purpose - In the presence of coronavirus disease 2019 (COVID-19), due to the social distance restriction, consumers' regular consumption behaviors and patterns have been changing fundamentally. Thereafter, an innovative group buying model has emerged and developed explosively with a specific...

The rapid development of the electricity industry reform in China has been witnessed in recent years, and one of the iconic achievements could be the establishment and trial operation of the electricity spot markets. However, even though the market clearing model for electric energy is identical...