The considerable growth in corporate cash holdings around the world has prompted
scholarly interest. Consequently, there is now a large academic literature examining cash …

Using a quarterly sample of Chinese non-financial listed firms from 2007 to 2020, we find a
U-shaped relationship between economic policy uncertainty (EPU) and corporate …

The carbon emission trading scheme influences firms' operation costs, which may induce
resource diversion to financial investments. By using a sample of Chinese A-share non …

Trade credit is essential for enterprises in business activities. Given the current wave of
digitalization, it is important to explore how digital transformation affects trade credit …

We find that US corporations increase their cash holdings in response to higher economic
policy uncertainty. The increase in cash holdings is not attributed to a reduction in firm …

Digital finance has provided informal financial support to small-and medium-sized
enterprises (SMEs) and solved the dilemma of acquiring formal financial support in …

Practicing the paradigm for sustainable environment, society, and governance (ESG) in the
mixed-ownership reform (MOR) of state-owned enterprises (SOEs) is a new opportunity for …

Taking the implementation of the new environmental protection law in 2015 as a quasi-
natural experiment, we use the difference-in-differences (DID) approach to investigate the …

Though previous studies have suggested that policy-related uncertainty is a key factor that
influences corporate financialization, it is far clear how trade policy uncertainty (TPU) …

This study utilizes the upper echelons and time orientation theoretical frameworks to analyze
the impact of managers' temporal disposition on financial asset allocation within …