Uncertainty induced by the political environment affects investment risk, and thus affects investment decisions, which have a close relationship with economic development. This paper investigates the economic cost of political instability using the case study of the tense relationship...

The uncertainty induced by the political environment affects the investment risk, and thus affects the investment decision which has a close relationship with the economic development. This paper investigates the economic cost of political environment, using the intension of cross-strait...

The paper attempts to study the insufficiency of corporate dividend payout in China from the perspective of financial constraint. The three financial constraint indexes are constructed to study the influence of financial constraint on corporate payout behavior. Furthermore, the issuance of...

This paper examines how local governments strategically respond to the fiscal squeeze caused by tax cuts and how fiscal incentives influence firm productivity in the context of China. To address the endogeneity problem, we use difference-in-difference approach with continuous treatment...

This paper studies the impact of having a cadre parent on the labor market performance and channels of the intergenerational transference. Using a recent data set, we find that college graduates with a cadre parent earn a wage premium of 4.46 percent more than those without. They also...

Purpose: The purpose of this paper is to use samples from Chinese-listed companies to investigate the effects of interest rate deregulation and earnings transparency on company’s capital structure in China over the period of 2003–2015. In particular, the authors study the link between...

Based on methods for evaluating the overall planning and implementation of land use of domestic scholars, a comprehensive and highly-operable index system and evaluating method for land use planning multi-type implementation has been established through selecting multi-type evaluating indicators...