Results 11 to 20 of about 1,439 (293)

U-shaped relationship between managerial herd behavior and corporate financialization with the moderating effect of corporate governance: evidence from China

Journal of Business Economics and Management, 2023
Based on behavioral finance theory, we discuss the influence of managers’ herd behavior on corporate financialization from the perspective of managers’ behavioral preferences.
Fangyun Wang, Wenxiu Hu, Li Liu, Li Yang
doaj   +3 more sources

The Impact of CEO Narcissism on Corporate Financialization

International Journal of Financial Studies
This paper empirically examines the impact of CEO narcissism on corporate financialization using Shanghai and Shenzhen A-share listed companies from 2009–2022. The results find that CEO narcissism leads to corporate financialization, and the promotion is
Linan Wang, Rixin Li, Ruotong Zhao
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The influence of corporate financialization on asymmetric cost behavior: weakening or worsening

Journal of Business Economics and Management, 2021
This paper investigates the relationship between corporate financialization and asymmetric cost behavior using the Chinese listed companies over the period of 2009–2017.
Guanping Zhu, Wenxiu Hu, Tao Peng, Chaokai Xue   +3 more
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Can carbon risk restrain corporate financialization? Evidence from China [PDF]

Frontiers in Environmental Science
Using data on Chinese A-share listed companies from 2010 to 2021, we employ the difference-in-differences (DID) estimation method as an exogenous impact of a quasi-natural experiment and analyze the effects of carbon risk on corporate financialization ...
Yiqiu Wang, Yang Xu, Chong Guo, Meng Xie
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A study of the impact of staggered boards on corporate financialization: from the perspective of board governance [PDF]

Frontiers in Psychology
IntroductionThe 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
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Carbon emission trading scheme and corporate financialization: Evidence from China [PDF]

SHS Web of Conferences
To achieve the carbon goals, the Chinese government initially implemented the carbon ETS in 2013 in 7 pilot provinces and cities. Using the firm-level financial and management data of the A-share listed companies in the 30 provinces of mainland China ...
Li Hongwei
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Bank competition, real investment return and corporate financialization

China Journal of Accounting Studies
The competition and interaction between the financial and real industry transmitted to the micro level are manifested in the allocation trade-off between financial and non-financial assets of companies.
Yihuan Mao, Nan Xu
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Moderating effect of corporate financialization on the impact of climate policy on corporate green innovation: Evidence from China

Chinese Journal of Population, Resources and Environment
With intensifying global climate change, humanity is confronted with unparalleled environmental challenges and risks. This study employs the staggered difference-in-difference model to examine the relationship between climate policy and green innovation ...
Chao Tu, Zhilong Qin, Qingqing Yang
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Impacts of environmental uncertainty on degree of enterprise financialization and the moderating role of executive incentives

Frontiers in Environmental Science, 2023
This study takes the panel data of China’s A-share listed companies from 2016 to 2020 as the sample to empirically analyze the impact of environmental uncertainty on the degree of corporate financialization, and the moderating role of executive incentive
Dong Chen, Yating Zhu, Na Zhou, Mu Xing
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Financial background of controlling shareholder and corporate financialization

China Journal of Accounting Studies, 2021
This paper studies the effect of the controlling shareholder’s financial background on the corporate financialization. We find that controlling shareholder’s financial background has a significant positive impact on corporate financialization, and the ...
Xiangyan Shi, Danlu Bu, Caihong Wen, Zong Lan   +3 more
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