The divertor is the main device in the tokamak that is subjected to heat loads, excessive high heat flux could cause damage to the divertor target. Divertor heat flux control is very important for magnetically confined fusion devices. As a method for divertor heat flux control, the Divertor Fast...

Using the context of the financial reform and the development of the non-state sector in China in the past decade, we examine the roles that the quality of information disclosure and property rights play in the allocation of different types of bank credit. We find that foreign banks and policy...

We investigate monetary policy effects on corporate investment adjustment, using a sample of China’s A-share listed firms (2005–2012), under an asymmetic framework and from a monetary policy transmission channel perspective. We find that corporate investment adjustment is faster in...

This study investigates the effects of bank equity connections and intellectual property protection on enterprises’ innovation behavior, and the regulating effect of intellectual property protection on the relationship between bank equity connections and innovation. In general, bank equity...

Using the regulatory policy on cash dividends implemented in 2013 as the research context, this study develops a difference-in-difference (DID) model using the data of Chinese A-share non-financial listed companies from 2011-2019, and found that cash dividend smoothing reduces the wealth...

To gain a better understanding of the financing motive theories of trade credit, we trace a sample of young firms from their start in 2004 through 2011 and document two main empirical regularities. First, we find that supplier lending is only a supplementary form of financing among these firms,...

Roughly one-third of our sample firms show substantial ownership structure changes over time. Growth potential, risk sharing, and demand for external capital seem to be the main reasons behind dilutions of ownership structures, and these firms show strong growth in the following five years....

To encourage users’ exercise participation and retention, fitness app developers add group-level social interaction functions to apps and augment the app design with more group-level gamification features. For example, app users are guided to join a group in order to share workout experiences...

Objective - This paper uses a sample of annual observations of European banks to examine whether the liquidity risk affects a bank's risk-taking behavior and its future loan growth.Methodology – A sample of European banks (27 member countries of the European Union plus U.K.) over the period of...