Purpose – The purpose of this paper is to analyze regional correlation contributions of urbanization rate and tourism revenue, based on the dynamic panel data from 2000 to 2010 of 31 provinces in China. Design/methodology/approach – Based on the Modified Cobb-Douglas and fixed effect...

Mega-events such as the World Cup and the Olympics have been used for economic development, urban transformation and global status enhancement. Beijing and Shanghai embraced these purposes when they won the bids for the 2008 Olympics and the 2010 World Expo respectively. This article examines...

We test whether military experience of CEOs or chairmen affects stock price crash risk. We find robust evidence that CEOs' or chairmen's military experience reduces crash risk. Our finding holds for various robustness checks including controlling for some additional characteristics of chairmen...