China Finance Review International: Volume 9 Issue 2

Pay gap, inventor promotion and corporate technology innovation

Qifeng Zhao, Yongzhong Wang

The purpose of this paper is to investigate how the pay gap between the management and ordinary employees influence corporate technology innovation.

Investment-internal capital sensitivity, investment-cash flow sensitivity and dividend payment

Xiaodong Xu, Huifeng Xu

On the basis of principal-agent and financing constraints theories, the purpose of this paper is to construct a unified research framework via mathematical models and to provide a…

Empirical analysis of the effect of financial restraint policy on Chinese residents’ consumption

Feiming Huang

The purpose of this paper is to test whether the policies of China’s financial restraint have an inhibitory effect on the consumption of residents.

Driving factors of merger momentum in China: empirical evidence from listed companies

Lei Fu, Qian Wang

The purpose of this paper is to study merger momentum and its driving factors in China by sampling 376 listed bidders from 2008 to 2013.

Monetary model of exchange rate determination under floating and non-floating regimes

Oyakhilome Wallace Ibhagui

The purpose of this paper is to empirically analyse how different exchange rate regimes affect the links between monetary fundamentals and exchange rates in Sub-Saharan Africa.

Investor sentiment, market competition and trade credit supply

Hongbin Huang, Ran Li, Ya Bai

The purpose of this paper is to study the influence of investor sentiment on the supply of trade credit, and further explores the difference of the effect of investor sentiment on…