This paper studies the formal contract and relational contract in business process outsourcing. If some outcomes or outsourcing performance is unverifiable, then the contracts have to satisfy the self-enforcing condition. We characterise the optimal contract in terms of the discount rate, the...

This paper studies the formal contract and relational contract in business process outsourcing. If some outcomes or outsourcing performance is unverifiable, then the contracts have to satisfy the self-enforcing condition. We characterise the optimal contract in terms of the discount rate, the...

Green digital finance plays a crucial role in driving green production, consumption and facilitating the low-carbon transition of energy consumption structures. This paper delves into the impact of green digital finance on this transformation from a multidimensional perspective for the first...

This study empirically investigates the impact of regional digital economy level on green investment and analyzes the heterogeneity according to geographical location and economic development level by using provincial panel data from 2010 to 2020. The results demonstrate that, first, the digital...