Purpose Despite most studies on political ties focusing on the interpersonal relationships between firms and government officials, this study suggests that local party committees (LPCs) create special forms of political ties in China – i.e. organizational political ties. The purpose of this...

Purpose – The aim of this paper is to outline some key features of China's new rules on anti‐money laundering. Design/methodology/approach – This paper describes the expanded definition of “anti‐money laundering”; the application of the rules to a broader group of financial...

Using the nonparametric causality-in-quantiles approach, the paper investigates the influences of climate risk on green bond return and volatility under different market conditions in China. The results show that the impact of climate risk on green bond volatility is more significant than that...