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Lead Them with Virtue: A Confucian Alternative to War by Kurtis Hagen (review) 用美德领导他们:一种儒家的战争选择,作者:柯蒂斯·哈根(书评)
IF 8.2 1区 经济学 Q1 Economics, Econometrics and Finance Pub Date : 2023-04-29 DOI: 10.1353/cri.2020.a892504
Don J. Wyatt
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引用次数: 2
Making the Gods Speak: The Ritual Production of Revelation in Chinese Religious History by Vincent Goossaert (review) 《让神说话:中国宗教史上启示的仪式生产》文森特·古塞尔著(书评)
IF 8.2 1区 经济学 Q1 Economics, Econometrics and Finance Pub Date : 2023-04-29 DOI: 10.1353/cri.2020.a892499
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引用次数: 2
Confucianism and Phenomenology: An Exploration of Feeling, Value and Virtue by Yinghua Lu (review) 儒学与现象学:鲁英华对情感、价值与美德的探索(书评)
IF 8.2 1区 经济学 Q1 Economics, Econometrics and Finance Pub Date : 2023-04-29 DOI: 10.1353/cri.2020.a892508
Li-Hsiang Lisa Rosenlee
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引用次数: 1
Creating Confucian Authority: The Field of Ritual Learning in Early China to 9 CE by Robert Chard (review) 创造儒家权威:中国早期至公元9年的礼学领域罗伯特·查德著(书评)
IF 8.2 1区 经济学 Q1 Economics, Econometrics and Finance Pub Date : 2023-04-29 DOI: 10.1353/cri.2020.a892498
Andrew D. Lambert
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引用次数: 0
Hong Kong's Last English Bishop: The Life and Times of John Gilbert Hindley Baker by Philip L. Wickeri (review) 《香港最后一位英国主教:约翰·吉尔伯特·亨德雷·贝克的生平与时代》作者:菲利普·l·维克里
IF 8.2 1区 经济学 Q1 Economics, Econometrics and Finance Pub Date : 2023-04-29 DOI: 10.1353/cri.2020.a892492
Robert York
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引用次数: 0
Heavenly Masters: Two Thousand Years of the Daoist State by Vincent Goossaert (review) 《天师:道家两千年》文森特·古塞尔著(书评)
IF 8.2 1区 经济学 Q1 Economics, Econometrics and Finance Pub Date : 2023-04-29 DOI: 10.1353/cri.2020.a892500
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引用次数: 0
Nursing Shifts in Sichuan: Canadian Missions and Wartime China, 1937–1951 by Sonya Grypma (review) 四川的护理转变:加拿大的使命和战时中国,1937-1951
IF 8.2 1区 经济学 Q1 Economics, Econometrics and Finance Pub Date : 2023-04-29 DOI: 10.1353/cri.2020.a892502
Gilbert Z. Chen
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引用次数: 0
The Culture of Language in Ming China: Sound, Script and the Redefinition of Boundaries of Knowledge by Nathan Vedal (review) 中国明代语言文化:声音、文字与知识边界的重新界定
IF 8.2 1区 经济学 Q1 Economics, Econometrics and Finance Pub Date : 2023-04-29 DOI: 10.1353/cri.2020.a892491
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引用次数: 0
Does venture-backed innovation support carbon neutrality? 风险投资支持的创新是否支持碳中和?
1区 经济学 Q1 Economics, Econometrics and Finance Pub Date : 2023-03-14 DOI: 10.1108/cfri-12-2022-0253
Donghui Li, Yingdong Liu, Minxing Sun, Xinjie Wang, Weike Xu
Purpose This paper aims to answer three questions: (1) Which countries invest more capital in green firms? (2) What kind of industries do venture capitals (VCs) invest in? (3) Do VCs invest more capital in green firms? Design/methodology/approach First, the authors provide summary statistics of the key variables for green and non-green firms. Then the authors use figures to plot the growth of green firms over time. Next, the authors use descriptive data to study VC-invested firms for the top 10 countries and industries for all firms, green firms and non-green firms. Finally, the authors compare the VC investors' characteristics and investment behavior between green and non-green firms. Findings This study documents that venture-backed investments in clean technologies have increased dramatically in the number of deals and in the total amount of dollar volume over time. This paper provides evidence that VC firms invest more in green firms in each deal than in non-green firms. The United States and European countries play an important role in funding clean technologies across countries, and this study’s results suggest that VC investors play a considerable role in shaping the development of green finance. Originality/value This paper makes the first attempt to investigate the role of VCs in clean technologies to support carbon neutrality, providing initial evidence on venture capitalists' investment efforts towards carbon neutrality. The paper also has practical implications for start-up firms that raise capital and venture capitalists who finance green start-ups.
本文旨在回答三个问题:(1)哪些国家对绿色企业的投资更多?(2)风险投资投资于哪些行业?(3)风险投资是否会向绿色企业投入更多资金?首先,作者对绿色和非绿色企业的关键变量进行了汇总统计。然后作者用数据来绘制绿色企业随时间的增长。接下来,作者使用描述性数据研究了前10个国家和行业的风险投资公司,包括所有公司、绿色公司和非绿色公司。最后,比较了绿色企业和非绿色企业风险投资者的特征和投资行为。这项研究表明,随着时间的推移,由风险投资支持的清洁技术投资在交易数量和总金额方面急剧增加。本文提供的证据表明,风险投资公司在每笔交易中对绿色企业的投资多于对非绿色企业的投资。美国和欧洲国家在资助各国清洁技术方面发挥了重要作用,本研究结果表明,风险投资者在塑造绿色金融发展方面发挥了相当大的作用。本文首次尝试考察风险投资在清洁技术支持碳中和中的作用,为风险投资对碳中和的投资努力提供初步证据。这篇论文也对筹集资金的初创企业和为绿色初创企业融资的风险资本家具有实际意义。
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引用次数: 2
Family ownership and capital structure: evidence from ASEAN countries 家族所有权与资本结构:来自东盟国家的证据
IF 8.2 1区 经济学 Q1 Economics, Econometrics and Finance Pub Date : 2023-03-06 DOI: 10.1108/cfri-06-2022-0092
Trang Khanh Tran, L. Nguyen
PurposeThis paper examines the capital structure decisions of family firms in Southeast Asian (ASEAN) countries, considering the moderating effects of various firm-level and country-level factors.Design/methodology/approachThe authors apply various panel data models to analyze the data of listed firms in six ASEAN countries over the period of 2007–2017.FindingsThe authors find that family firms tend to use more debt, particularly short-term debt, than non-family firms, which is explained by family owners' concern about the risk of losing control. The authors further document that family firms would use more debt when they have lower ownership concentration, have more family members on the board of directors and are young firms. The authors also find that the impact of family ownership on capital structure is moderated by the level of investors' legal protection of a country.Originality/valueThis study, for the first time, provides comprehensive analyses of the financing decisions of family firms in ASEAN using a unique hand-collected dataset, which highlights that regional culture and market conditions can shape family firms' financing decisions. The authors also manage to mitigate the endogeneity issues that pervade most research on family firms. In addition, this research further explores the heterogeneous impacts of family control on capital structure given different levels of board involvement, firm age, ownership concentration, and most importantly, institutional differences. Such insights provide useful information for prospective investors as well as regulators to make more efficient investment and legislative decisions.
本文考察了东南亚(东盟)国家家族企业的资本结构决策,考虑了各种企业层面和国家层面因素的调节作用。设计/方法/方法作者运用不同的面板数据模型对东盟六国2007-2017年的上市公司数据进行了分析。作者发现,与非家族企业相比,家族企业倾向于使用更多的债务,尤其是短期债务,这可以用家族所有者担心失去控制权的风险来解释。作者进一步证明,当家族企业的所有权集中度较低,董事会中有更多的家族成员,并且是年轻的企业时,家族企业会使用更多的债务。作者还发现,家族所有权对资本结构的影响受到一国投资者法律保护水平的调节。原创性/价值本研究首次使用独特的手工收集数据集对东盟家族企业的融资决策进行了全面分析,强调了区域文化和市场条件可以影响家族企业的融资决策。作者还设法缓和了普遍存在于大多数家族企业研究中的内生性问题。此外,本研究进一步探讨了在不同董事会参与程度、公司年龄、所有权集中度以及最重要的制度差异的情况下,家族控制对资本结构的异质影响。这些见解为潜在投资者和监管机构提供了有用的信息,以做出更有效的投资和立法决策。
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引用次数: 1
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China Finance Review International
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