Nowadays, one of the urgent issues regarding global climate change is to discuss the future of the second period of the Kyoto Protocol. However, the divergence of views and opinions among parties in the last Conference of the Parties of the United Nations Framework Convention on Climate Change,...

This paper explores the role mutual fund herding plays on the return comovement in Chinese stocks. The results show that mutual fund herding significantly reduces the return comovement among Chinese stocks, providing evidence for the existence of a rational herding behavior by mutual funds. We...

Livestock and poultry raising is the largest source of agricultural non-point source pollution and an essential aspect of environmental governance. To resolve the issue, China has introduced a series of policies to promote the recycling of livestock and poultry excrement since 2014. This study...