SSRN Electronic Journal,
Journal Year:
2022,
Volume and Issue:
unknown
Published: Jan. 1, 2022
We
evaluate
whether
the
adoption
of
performance
commitment
clauses
in
M&A
deals
affects
corporate
liquidity
acquirers.
Using
a
sample
Chinese
from
2007
to
2020,
we
find
that
firms
signing
acquisitions
are
associated
with
lower
liquidity,
especially
for
paying
incentives
target
firms.
The
effect
is
more
pronounced
weaker
governance
and
high
information
opacity.
increased
agency
conflicts
extent
management
two
plausible
channels
effect.
Overall,
findings
demonstrate
acquisition
aggravate
conflicts.
Land,
Journal Year:
2024,
Volume and Issue:
13(4), P. 404 - 404
Published: March 22, 2024
The
development
and
application
of
urban
digital
infrastructure
can
alter
land
use
patterns
facilitate
the
aggregation
factors
such
as
labor
capital,
thereby
influencing
efficiency
in
cities.
Based
on
statistical
data
from
279
cities
China
spanning
2004
to
2019,
this
study
employs
fixed-effects
mediation
models
analyze
impact
efficiency.
findings
reveal
that
construction
significantly
promotes
enhancement
efficiency,
with
technological
innovation
levels
industrial
structural
transformation
serving
mediators
between
exhibits
heterogeneity
across
different
city
scales,
tiers,
geographic
locations,
policy
implementation
batches.
Its
effects
are
more
pronounced
larger-scale
cities,
higher-tier
those
located
central
western
regions,
first
two
batches
pilot
research
contribute
providing
theoretical
references
a
decision-making
basis
for
enhancing
advocating
increased
investment
construction,
encouraging
levels,
facilitating
upgrading
transformation.
Research Square (Research Square),
Journal Year:
2025,
Volume and Issue:
unknown
Published: April 2, 2025
Abstract
Based
on
the
city
data
in
China
from
2005
to
2020,
article
empirically
analyzes
impact
of
broadband
infrastructure
construction
FDI
inflows
by
using
Broadband
Pilot
Policy
(BCPP)
as
a
quasi-natural
experiment
with
staggered
DID
model.
The
study
shows
that
BCPP
has
significant
positive
effect
inflows,
and
passes
parallel
trend
tests
various
robustness
tests.
attracts
reducing
transaction
costs
expanding
consumption
size.
Human
capital
innovation
capability
can
moderate
relationship
between
inflows.
higher
level
human
capital,
stronger
urban
capability,
greater
promoting
Heterogeneity
analysis
reveals
promotion
is
particularly
cities
central
eastern
regions,
large
populations
good
traditional
infrastructures.
not
only
extends
economic
effects
international
investment,
but
also
provides
new
explanation
for
stabilizing
scale
foreign
investment
China.
JEF:
F125
Scientific Reports,
Journal Year:
2023,
Volume and Issue:
13(1)
Published: Nov. 19, 2023
This
study
uses
a
two-step
approach
to
construct
multi-period
double-difference
model
and
introduces
quasi-natural
experiment
of
the
Broadband
China
pilot
policy
investigate
whether
household
financial
market
participation
at
urban
level
is
affected
by
digital
economy,
which
significant
for
promoting
Chinese
households'
shift
from
savings
investment
alleviating
long-standing
problem
insufficient
in
China.
In
terms
direct
impact,
economy
increases
rate
residents
3.26%,
highly
financially
literate
households
2.14%;
indirect
development
total
number
smart
Internet
devices
8.27%,
similarly
attention
information
4.22%,
further
positively
influences
rate.
paper
also
evaluates
individual
regional
differences
on
participation,
estimated
causal
effect
purer,
expands
scope
research
provides
certain
reference
basis
inspiration
government
promote
construction
economy.
Applied Economics Letters,
Journal Year:
2024,
Volume and Issue:
unknown, P. 1 - 4
Published: March 19, 2024
This
paper
investigates
the
nexus
between
CEOs'
hometown
connections
and
firm-level
political
risk
by
employing
a
sample
of
Chinese
listed
firms
from
2011
to
2020.
Our
findings
show
that
mitigate
risk.
The
above
finding
remains
valid
after
ruling
out
explanation
firm's
local
embeddedness
conducting
IV
regression
estimation.
Then,
we
further
discuss
potential
interaction
effect
CEO
age
duality.
Therefore,
deepen
understanding
advantage
plausible
mitigating
factor
faced
firms.
