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
Innovation and Green Development, 2023 This research mainly investigates the impact of digital transformation on corporate financialization and which type of digital technology influences such financialization by utilizing data of listed companies from 2010 to 2020.
Bo Sui, Liuyang Yao
exaly +3 more sources
Innovation and Green Development, 2023 By employing a panel dataset of Chinese listed companies spanning from 2010 to 2021, our study empirically examines the correlation between corporate financialization and corporate green innovation, and explores its heterogeneities in terms of property ...
Jinghao Yang, Siyu Chen
exaly +3 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
The impact of CEOs' academic backgrounds on corporate financialization. [PDF]
PLoS ONEWhile prior research has examined macroeconomic drivers of corporate financialization, little is known about how top executives' personal traits shape this phenomenon.
Bao Qi, Fan Hu, Chen Zhang
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
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