This paper examines whether government intervention plays an important role in determining corporate investment allocations and efficiency in China. We find that the government tends to intervene to promote corporate investment in fixed assets, equity in other state owned enterprises, and...

We study how cultural norms from overseas affect corporate transparency in developing economies and economies in transition. Using cultural background information on board directors, we document that corporations with directors with culture from overseas have greater corporate transparency....

We examined female executives and their impact on corporate financial policies including investment decisions, external financing, working capital management, and cost efficiency. We found that those female executives who are more risk averse invest less in expenditure investment decisions,...

This study examines the link between foreign business norms and corporate social responsibility (CSR) in China. Using the information of directors' foreign background, we find that firms which hire directors with social norms from overseas engage more in CSR, and specifically realize better...

We examine the female executives and their impact on corporate financial policies, including investment decision, external financing, quality of internal control and cost efficiency. We find that those female executives who are risk aversion invest less in expenditure investment decision and...

This study examines how the relationships between local governments and local enterprises moderate the effect of targeted monetary policies through different action-propagating mechanisms. First, we investigate the impact of monetary policies on enterprise investment in areas with different...

We examine the impact of CEOs’ early-life and career experiences on corporate investment efficiency in the Chinese economy. We identify two extraordinary events that are likely to underpin the formative experiences of CEOs, comprising of the economic reforms which commenced in 1978, and prior...