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Spatial patterns and interspecific relationships of two dominant cushion plants at three elevations on the Kunlun Mountain, China
In: Environmental science and pollution research: ESPR, Band 27, Heft 14, S. 17339-17349
ISSN: 1614-7499
Thylacospermum caespitosum population structure and cushion species community diversity along an altitudinal gradient
In: Environmental science and pollution research: ESPR, Band 25, Heft 29, S. 28998-29005
ISSN: 1614-7499
Military independent directors and merger activity
In: The journal of financial research: the journal of the Southern Finance Association and the Southwestern Finance Association
ISSN: 1475-6803
AbstractIn this article, we examine the relation between independent directors with past military service and merger activity. We find that firms with a greater proportion of independent directors with military experience complete fewer mergers, and the deals are of smaller value. Our results are robust to instrumental variable estimation. The reduction in merger and acquisition activity is concentrated in firms with weak CEOs, suggesting independent directors with military service do not improve firm agency problems.
The role of Cross‐Border alliances in corporate social responsibility: International evidence
In: The journal of financial research: the journal of the Southern Finance Association and the Southwestern Finance Association, Band 47, Heft 3, S. 823-875
ISSN: 1475-6803
AbstractWe examine how forming cross‐border alliances with US firms influences the corporate social responsibility (CSR) performance of their foreign partner firms. Analyzing a sample across 39 countries between 2002 and 2018, we find that these foreign firms experience higher future CSR performance, with a notable 6.46% increase compared with those without such alliances. Moreover, this effect is stronger in foreign firms from countries with weaker governance institutions, lower social norms, and worse economic conditions. Also, foreign firms with lower governance quality, higher market competition, and weaker innovation capacity show a pronounced improvement in CSR performance after alliances. The improved CSR performance also leads to higher firm value and better earnings quality in these foreign firms. Overall, we highlight the role of cross‐border alliances in facilitating the attainment of broader economic and sustainable governance objectives.
Investigating the consumer evaluation of the co-branding of luxury brands
In: International Journal of Research in Business and Social Science: IJRBS, Band 11, Heft 4, S. 01-15
ISSN: 2147-4478
China as a hot luxury market has witnessed high growth in luxury sales despite the COVID-19. In recent years, many luxury companies have further improved their brand value and influence via co-branding strategies, however, their brand cooperation received mixed evaluations. Drawing on the conceptual blending theory and self-concept consistency theory, this paper constructs and verifies the structural equation model of consumer evaluation of luxury co-branding from the perspectives of the brands and the consumers. The study reveals that luxury co-branding fit, advertising types and the consumers' life-role transition have a positive impact on consumer evaluation. Both the type of advertising and consumers' life-role transition have a moderating effect on consumer evaluation. Specifically, (i) In luxury co-branding, the co-branded products paired with a high fit between the values of the cooperative brands are more likely to receive high consumer evaluation; (ii) The publicity of the brand image of the co-branded products has a stronger moderating effect on the perceived quality, appeal and purchase intention of luxury users than the publicity of the features of the co-branded products; (iii) For luxury brands with a high degree of joint fit, consumers who have not experienced life-role transformation have a stronger regulatory effect on consumers' perceived quality, attractiveness and purchase intention than consumers who have experienced life-role transformation.
Amendment process and comments of the provisions of underwater cultural heritage in the Draft Exploitation Regulations in the Area
In: Marine policy, Band 140, S. 105081
ISSN: 0308-597X
Non-CEO executives' intra-organizational competition incentives and corporate labor investment efficiency
In: 2022 European Financial Management Association (EFMA) Annual Meeting
SSRN
The Influence of Foreign Institutional Investors on Audit Fees: Evidence from Chinese Listed Firms
In: Forthcoming, Accounting Forum, https://doi.org/10.1080/01559982.2022.2071183 (This PDF includes the Online Appendices)
SSRN
Community Social Capital and Board Advising: Evidence from the Structure of Board Committees
In: Forthcoming, British Journal of Management
SSRN
Cross-Border Mergers and Acquisitions and Corporate Social Responsibility: Evidence from Chinese Listed Firms
In: Accepted/Forthcoming in the Journal of Business Finance and Accounting (2022); 2019 Financial Management Association (FMA) Annual Meeting; 28th European Financial Management Association (EFMA); 2018 Paris Financial Management Conference
SSRN
Emission taxes and standards in a general equilibrium with entry and exit
In: Journal of economic dynamics & control, Band 61, S. 34-60
ISSN: 0165-1889
The welfare costs of expected and unexpected inflation
In: Journal of Monetary Economics, Band 56, Heft 7, S. 1004-1013
SSRN