Suchergebnisse

AbstractThe judicial institutions of a country impact corporate litigation. From 2003 to 2010, China allowed the appointed secretaries of the Committee of Political and Legislative Affairs to hold concurrent administrative roles (CAR) as directors of the Police Departments in their respective provinces. Such a policy provides a natural experiment on the change of the judicial environment. In this paper, we employ a Staggered Difference‐in‐Differences method to study the effect of changes in judicial institution on corporate litigation using data on publicly traded corporations from 1998 to 2010. We find corporations engage in fewer corporate litigations during the time period of China's CAR policy (i.e., when judicial justice was likely weaker). Further analysis shows that the probability of winning lawsuits increases for non‐state‐owned enterprises. Mechanism analysis shows that the CAR policy heightens the uncertainty of economic policies by changing companies' perceptions of the status of political and legal institutions in the judicial system, thereby reducing corporate judicial participation.

Live marketing has become a popular marketing mode, and enhancing consumers' purchase intention in this context is a significant research area. We examined the impact of consumers' sense of presence on their purchase intention in the live marketing setting of fresh produce. Employing
fuzzy-set qualitative comparative analysis, we analyzed four dimensions of sense of presence and a set of eight influencing factors. Through this analysis, we explored the combined effects of these factors on consumers' purchase intention and identified seven pathways that can stimulate high
purchase intention. This study provides valuable decision-making insights for agricultural production enterprises, farmers, anchors, and live broadcasting platforms that can be used to develop strategies to improve consumers' purchase intention.