High technology and innovation has become a central part of China's long-term growth strategy. The 2007 enterprise tax reform (EIT) significantly reduced the statutory tax rate of high-tech firms from 33 percent to at most 15 percent, and possibly less, guaranteed for at least 3 years. Before...

We take a business analytic approach to examine ways to reduce environmental incidents committed by Chinese manufacturers. We first perform descriptive analysis to examine the long-term impact of environmental incidents on a firm's performance that is measured in terms of Returns On Assets...

We examine firms listed on the Shanghai/Shenzhen Stock Exchange to investigate stock market reactions to 294 Chinese manufacturing firms involved in 618 environmental incidents between 2006 and 2013. Through our event studies, we find empirical evidence of a significantly negative stock market...