China’s hog market faces the challenge of several external shocks, which arise from the ongoing COVID-19 pandemic, African Swine Fever (ASF) and related global trade uncertainties. This article develops a shocks, cycles and adjustments (SCA) model to evaluate the dynamic impact of different...

Using a large sample of Chinese public listed firms from 2014 to 2021, we examine whether firms’ ESG performance inhibits corporate fraud. We find that high ESG performance mitigates corporate fraudulence. After conducting a series of robustness tests, the results remain unchanged. This...