Digital technologies have been rapidly changing traditional industries. In the given context, this study reveals the internal influence mechanism of digital transformation on the corporate performance of the manufacturing industry based on the resource-based view theory. We build a theoretical...

Using CEOs’ exposure to the Great Chinese Famine (1959-1961) as a measure of early-life trauma in their life (termed, famine-CEOs), we find that firms led by famine-CEOs are associated with lower corporate social responsibility (CSR) performance. Our findings are consistent with the egoism...

We examine whether firms engage in classification shifting to meet performance targets during mergers and restructuring. Using a sample of listed firms that complete major asset restructuring and sign performance commitment agreements from 2008 to 2019, we find that during the commitment period,...