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Working paper
Carbon Pricing and Stock Performance: Evidence from China's Emissions Trading Scheme Pilot Regions
In: Review of Pacific Basin financial markets and policies: RPBFMP, Band 26, Heft 4
This paper examines a sample of 167 publicly listed enterprises covered by eight regional pilot emissions trading markets in China from 2013 to 2023. Our empirical findings indicate that the carbon price returns negatively affect the stock returns of enterprises covered by the regional markets, with the Shenzhen and Guangdong regions suffering a more pronounced effect. Furthermore, high-carbon-intensity enterprises are more susceptible to this negative impact than their low-carbon-intensity counterparts. The robustness of the negative relationship is evident even after the national emissions trading market opened on July 16, 2021. This study provides insightful guidance for policymakers to regulate emissions trading markets.
SSRN
Research on Configurations for Marketing Performance of Science and Technology Enterprises in China Based on the TOE Framework
In: Sage open, Band 14, Heft 4
ISSN: 2158-2440
Facing a complex and changeable business environment, enterprises are constantly looking for specific paths to improve their marketing performance, which may ultimately lead to a sustainable competitive advantage. Based on the Technology, Organization, and Environment (TOE) framework, this study uses a sample of 258 listed science and technology enterprises in China and applies the Fuzzy Set Qualitative Comparative Analysis (fsQCA) method to examine the relationship between six conditions, namely, R&D capability, information technology application capability, marketing level, enterprise scale, government support, market competition, and marketing performance of science and technology enterprises from a configurational perspective. The results show that no single condition qualifies as necessary for high marketing performance, but the role of high enterprise scale is prominent. Four paths generate high marketing performance of science and technology enterprises and four paths generate not-high marketing performance. These paths have an asymmetric causal relationship between high and not-high marketing performance. This study provides a new perspective for research on enterprise marketing performance and implications for enhancing the marketing performance of science and technology enterprises.
Adaptive Online Portfolio Selection Incorporating Systematic Risk of the Financial Market
In: NAJEF-D-24-00647
SSRN
The priming effect of creativity improves veridical memory in the Deese–Roediger–McDermott paradigm
In: Social behavior and personality: an international journal, Band 51, Heft 4, S. 1-10
ISSN: 1179-6391
The priming effect on creativity refers to the more effective creation of new uses for the second (vs. first) object in a two-item task. This, along with veridical memory loss in the Deese–Roediger–McDermott (DRM) paradigm, is related to mental fixation, and both can be
improved when attention is given to item-specific features. We studied the cognitive mechanism of this priming effect by utilizing the DRM paradigm with a sample of 91 undergraduates recruited from a university in China. We used a two-item task and the DRM paradigm under rapid and slow presentation
conditions to verify our hypotheses by dividing words into high false memory (HFM) and low false memory (LFM) lists. The results showed that the veridical memory of the HFM lists was improved under the slow (vs. rapid) condition for individuals in the high priming effect group, but not for
those in the low priming effect group. Implications are discussed.
The Informational Content of the Embedded Deflation Option in TIPS
In: FEDS Working Paper No. 2013-24
SSRN
Working paper
Impacts of the Urban Form Structure on Carbon Emission Efficiency in China's Three Major Urban Agglomerations: A Study from an Urban Economic Activities Perspective
In: SCSI-D-24-07686
SSRN
SSRN
Heart moves or action moves? The high temperature arousing the perception for climate warming facilitate to energy savings
In: Technological forecasting and social change: an international journal, Band 207, S. 123595
ISSN: 0040-1625
Epidemic modeling for the resurgence of COVID-19 in Chinese local communities
In: Journal of safety science and resilience: JSSR, Band 3, Heft 3, S. 229-234
ISSN: 2666-4496