How do firms respond to climate change? Evidence based on ESG performance
International Review of Economics & Finance,
Год журнала:
2025,
Номер
unknown, С. 103863 - 103863
Опубликована: Янв. 1, 2025
Язык: Английский
Merchant Guild Culture and Corporate ESG Performance
Yongliang Zeng,
Xing Zhang,
Qun Wang
и другие.
Emerging Markets Finance and Trade,
Год журнала:
2025,
Номер
unknown, С. 1 - 24
Опубликована: Апрель 10, 2025
Язык: Английский
The Impact of Military Culture on Innovation Risk-Taking: A Moderated Mediation Model
Sustainability,
Год журнала:
2024,
Номер
16(22), С. 10112 - 10112
Опубликована: Ноя. 20, 2024
This
study
examines
the
impact
of
military
cultural
atmosphere
on
corporate
innovation
risk-taking
within
unique
institutional
context
China.
Leveraging
an
unbalanced
panel
dataset
3506
Chinese
A-share
listed
companies,
comprising
15,381
observations
from
2010
to
2022,
this
empirical
analysis
captures
dynamic
firm-level
changes
over
time.
Using
ordinary
least
squares
(OLS)
regression
assess
effects
and
two-stage
(2SLS)
address
potential
endogeneity
concerns,
ensures
robust
results.
The
findings
reveal
that
atmosphere,
characterized
by
discipline,
hierarchy,
collective
responsibility,
significantly
enhances
firms’
propensity
for
risk-taking.
Additionally,
political
connections
emerge
as
a
key
mediating
factor
in
relationship,
while
perceived
power
organization
moderates
mediation
effect,
exhibiting
negative
moderation.
These
results
underscore
critical
role
backgrounds
among
senior
executives
shaping
culture
strategic
decision-making,
particularly
China’s
policy-driven
market
environment.
offers
valuable
insights
fostering
long-term
resilience
innovation,
also
contributing
deeper
understanding
interaction
between
across
different
settings.
Язык: Английский
Confucianism And Stock Price Synchronization
Frontiers in Business Economics and Management,
Год журнала:
2024,
Номер
16(3), С. 212 - 219
Опубликована: Сен. 30, 2024
This
paper
empirically
examines
the
effect
of
Confucian
culture
on
stock
price
synchronization
by
selecting
data
from
listed
companies
2008-2021.
The
results
show
that
can
significantly
reduce
level
and
does
so
mainly
suppressing
managers'
self-interested
motives
improving
quality
corporate
information.
Heterogeneity
analysis
reveals
inhibitory
is
more
pronounced
in
firms
have
not
been
exposed
to
foreign
cultural
shocks
less
analyst
attention.
findings
provide
empirical
evidence
support
governance
function
important
practical
implications
for
capital
market
pricing
efficiency.
Язык: Английский