Corporate financialization, financing constraints, and innovation efficiency—Empirical evidence based on listed Chinese pharmaceutical companies [PDF]
Frontiers in Public Health, 2023 The relationship between financialization and innovation has become a common focus of academic attention. This paper analyzes the influence of corporate financialization on innovation efficiency based on balanced panel data of listed Chinese ...
Jialin Zhu +5 more
doaj +2 more sources
Political turnover and corporate financialization: Evidence from China [PDF]
Frontiers in Psychology, 2022 In the context of the slowing growth of the real economy and the rapid development of the financial industry, more and more non-financial companies are participating in the financial industry for the purpose of development and profit expansion. China has
Simeng Lyu +3 more
doaj +2 more sources
The impact of subscribing to directors’ and officers’ liability insurance on corporate financialization: Evidence from China [PDF]
Frontiers in Psychology, 2022 As an important corporate governance mechanism, directors’ and officers’ liability insurance is theoretically associated with corporate financialization because it directly affects incentive constraints and risk preference of enterprise managers. However,
Cheng Peng +3 more
doaj +2 more sources
Disruption of corporate financialization and labor cost growth: Evidence from China's new asset management rules. [PDF]
PLoS ONE, 2023 The new asset management rules in China bring financial institutions under a unified regulatory framework, aiming to curb regulatory arbitrage, control systemic risk, and improve financial stability.
Chuyuan Liu
doaj +2 more sources
Digital transformation and corporate financialization in emerging markets: Evidence from China [PDF]
HeliyonCorporate financialization poses serious challenges to the development of the real economy. In the context of promoting the deep integration of the digital economy and the real economy, it is crucial to explore whether digital transformation can inhibit ...
Xusheng Fang, Chunhua Ju
doaj +2 more sources
How do carbon emissions trading impact the financialization of non-financial companies? Evidence from a quasi-natural experiment in China. [PDF]
PLoS ONE, 2023 This study examines whether and how carbon trading policy impacts the financialization of non-financial firms, using China emission trading scheme as a quasi-natural experiment.
Wenhao Ma, Xuwen Yan
doaj +2 more sources
How corporate financialization affects main business performance-Empirical evidence based on a dynamic panel threshold model. [PDF]
PLoS ONECorporate financialization is a growing concern in China, and its impact on the main business of real enterprises is a crucial topic. This paper uses data from all A-share non-financial listed companies in China between 2013 and 2022 to establish a ...
Baodong Chen, Jing Li, Jiayi Zhang
doaj +2 more sources
A study of the impact of staggered boards on corporate financialization: from the perspective of board governance [PDF]
Frontiers in PsychologyIntroductionThe objective of this study is to assess the influence of staggered boards on corporate financialization and the role that incentive and supervision mechanisms play in this process.MethodsWe employ a total of 20,647 panel data samples of ...
Chongyan Cao, Yutong Zhang
doaj +2 more sources
Why do sports goods manufacturers choose different corporate social responsibility engagements? [PDF]
PLoS ONE, 2023 This study examines the impact of financialization and product market competition on the corporate social responsibility (CSR) engagements in sports goods manufacturing industry.
Yang Guo +3 more
doaj +2 more sources
Does managerial myopia promote enterprises over-financialization? Evidence from listed firms in China. [PDF]
PLoS ONEThis paper analyzes the potential shortsightedness of enterprise managers through annual reports. Additionally, we use corporate financial statement data to measure enterprises over-financialization in terms of resource allocation.
Yanchi Chen, Ju Ye, Qi Shi
doaj +2 more sources