The Dogs of the Dow (Dow Dogs) strategy, which has gained widespread popularity in the U.S., is found to be considerably successful in China's stock markets. This trading strategy contradicts the well-established efficient market hypothesis. This study examines the cross-sectional variations in...

As part of its banking reform, China is standardizing the practice of boards of directors and giving a full play to their decision-making and board oversight function. This paper helps to predict the effect of such effort by examining the relation between board governance structure and...

Prior literature has demonstrated the positive institutional effects on improving board gender diversity. This study investigates the evolutionary cognitive theory emerged in neuroscience to explain the persistent issue of board gender gap as a root cause. We conjecture that the evolutionary...