Based on a sample of A-share listed companies on the Shanghai and Shenzhen stock exchanges from 2007 to 2019. This paper finds that government subsidies can depress corporate financialization. Further research shows that only innovation subsidy significantly impacts corporate financialization,...

COVID-19 has a significant impact on businesses’ daily operations. This paper takes the quarterly data of China’s A-share listed companies from 2020 to 2021 as samples. Empirical results show the more the government emphasizes epidemic prevention, the fewer investment behaviors, and this...

Purpose: Nowadays it is very difficult for Chinese retired soldiers to find proper jobs, and the primary reason is the significant gap between job requirements and soldiers owned job skills. Therefore, it is very important to improve the soldiers' job skills and enhance their understanding of...

Pharmaceutical and microplastics (MPs) have been frequently detected in aquatic environment. In this study, the effect s of polystyrene MPs (PS MPs) with different aging degrees on the photolysis of sulfamethoxazole (SMX) in simulated sunlit water were investigated. The results showed that the...

Overconfidence is a common psychological phenomenon of individuals. Business groups are important participants in China. This paper combines these two important topics together, by studying the overconfidence contagion effects in business group. Based on the 2007-2019 Shanghai and Shenzhen...