We examine the inter-relationships among internal governance, firm attributes, and the listing choices of American Depositary Receipts (ADRs) for Chinese firms. We find that Chinese ADRs exhibit better performance, higher growth opportunities, and stronger internal governance than domestic firms...

We examine the impact of information asymmetry on a firm's capital structure decisions with a unique information rating scheme that draws from 114 measures over five dimensions of information disclosures on each firm from 2006 to 2012. We find that a firm with high (low) information rating is...

The Internet has played a pivotal role in transforming banking services into e-services. While several studies have examined the effective measurement of e-banking service quality, their lack of a holistic view has hindered the accumulation of past knowledge. To address this issue, this study...

Large wind turbine blades are being developed at lengths of 75–100 m, in order to improve energy capture and reduce the cost of wind energy. Bending loads in the inboard region of the blade make large blade development challenging. The “biplane blade” design was proposed to use a biplane...

In this article, we device a methodology to value water using Fuzzy theory that incorporates not only the physical cost of delivery but also the social and sustainable resource costs that water regulators often ignore. Specifically, we include the cost of water quality, cost of water resource,...

We present evidence that consumer sentiment has a direct effect on excess aggregate stock returns. We also trace the source of this positive effect and find that public perception over the next year’s economic condition is the most important determinant for the stock market. Our findings...

Based on the Merton (1977) put option framework, we develop a deposit insurance pricing model that incorporates asset correlations, a measurement for the systematic risk of a bank, to account for the risk of joint bank failures. Estimates from our model suggest that actuarially fair risk-based...

Enterprises must be from angle of human resources management to create the difference in the present fierce business environment of competition. The member is enterprise's most important assets; the more important thing is an administrator should grasp the staff's psychology. This research...

We examine the long-run relationship between market value, book value, and residual income in the Ohlson (Contemp Acc Res 11(2):661–687, <CitationRef CitationID="CR27">1995</CitationRef>) model. In particular, we test if market value is cointegrated with book value and residual income in light of their non-stationary behaviors. We find...</citationref>