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 …

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 …

This study investigates the potential impact of customer concentration on corporate
financialization using a sample of Chinese non-financial listed firms. The findings reveal a …

Corporate governance, by mitigating managers' moral hazard problems and affecting firms'
operational efficiency, significantly influences firms' allocation of funds between investing in …

This paper investigates how bank competition measured by the geographical distribution of
bank branches impacts the financial asset holdings of nonfinancial firms. By using a sample …

While data sets used for forecasting can now be greatly improved, expanding data and
information size also exposes weaknesses in traditional forecast models. We assess …

This paper investigates the relationship between investor attention and corporate
financialization from a behavioral finance perspective. We use Internet search volume as a …