...Kun Su; Senliulu Fu; Yuan Meng; Rui Wan Purpose This paper aims to investigate the relationship among ultimate ownership, corporate social responsibility (CSR) and firm value using firm-level data from Chinese listed companies. Design/methodology/approach Using a panel data of Chinese listed...

...Ning Liu; Linyu Zhou; LiPing Xu; Shuwei Xiang Purpose As the cost of completing a transaction, the green merger and acquisition (M&A) premium paid on mergers can influence whether the acquisition creates value or not. However, studies linking M&A premiums to firm value have had mixed...

... investments. However, as noted before, this higher expenditure may also damage investors’ wealth and firm value (Barnett and Salomon, 2006 ; Wang et al., 2008). Overall, investors may have stronger reactions when manufacturing firms win CSR awards. Based on this, we propose our third hypothesis...

...Ning Shen; Zhiyi Zhuo Purpose Based on upper echelons (UE) theory, the purpose of this study is to investigate a conceptualized moderated mediation model for examining the effects of top management team (TMT) heterogeneity and firm value in China through the mediating effect of product...

...Xiaohui Wang; Mian Du; Siyan Chen; Huan Shao Purpose – The purpose of this paper is to investigate the relationship between corporate governance mechanism and firm value of the listed companies in China. Does the better corporate governance lead to the higher firm value? Or does the higher firm...

... is organized as follows: Section 2 provides the related literature and hypotheses. Section 3 presents variable design and model construction. Section 4 contains the empirical test and findings. Section 5 gives the conclusions and implications. Firm value Capitalized R&D Expensed R&D...