Jiyuan Peng, Feng Yang and Yi She
This study aims to investigate the impact of travel advisory perception and cultural distance on travel intention based on the push and pull theory, the stimulus–organism–response…
Abstract
Purpose
This study aims to investigate the impact of travel advisory perception and cultural distance on travel intention based on the push and pull theory, the stimulus–organism–response model and protection motivation theory.
Design/methodology/approach
The paper conducts an empirical test with a questionnaire survey. The authors asked respondents to answer questions on a five-point Likert-type scale, which included threat severity, threat susceptibility, advisory perception, perceived cultural distance, travel motivation and travel intention.
Findings
In this paper, through a questionnaire of 424 respondents, the authors found that threat severity has a positive impact on advisory perception and perceived cultural distance, and that advisory perception indirectly affect travel intention through travel motivation.
Originality/value
Previous literature has discussed the influencing factors of travel intention but rarely does it consider the intrinsic relationship and interaction between advisory perception and cultural distance. The results of this study help fill some gaps in the research on advisory perception and perceived cultural distance, guide governments on how to better formulate travel advisories and provide a new perspective for tourism industry practitioners to improve their travel products after the COVID-19 pandemic especially.
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Hui-Wen Deng and Kwok Wah Cheung
The National People’s Congress (NPC) of People’s Republic of China, the highest organ of state power, is popularly seen as a rubber-stamp entity. However, it has been…
Abstract
Purpose
The National People’s Congress (NPC) of People’s Republic of China, the highest organ of state power, is popularly seen as a rubber-stamp entity. However, it has been substantially evolving its roles to accommodate the governance discourses within China’s political system over the decades. This study aims to explore the changes of governance discourse of the NPC within China’s political system through which to offer a thorough understanding of the NPC’s evolving substantial role in current China.
Design/methodology/approach
This study deploys a historical approach to explore the changes of governance discourse of the NPC that has seen a growing importance in China’s political agenda, as argued by this study.
Findings
The authors find that the NPC has been substantially evolving its role within China’s political system in which the Chinese Communist Party has created different governance discourses. Besides, the NPC and its Standing Committee have asserted its authority as a substantial actor within China’s political system. The NPC is no longer functioned as a rubber-stamp institution, though it is still popularized as a rubber stamp by many scholars.
Research limitations/implications
This study is a historical elaboration on the development of NPC under three governance discourses. It might be, to some extent, relatively descriptive in nature.
Originality/value
This study, therefore, sheds some light on a revisit on the governance discourses in current China.
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In its economic transformation and microeconomic reform, China isusing two‐tiered price systems. These combine an administrative anda free market element and can achieve Paretian…
Abstract
In its economic transformation and microeconomic reform, China is using two‐tiered price systems. These combine an administrative and a free market element and can achieve Paretian optimality in supplies of products relative to resources allocated to enterprises. But complete allocative efficiency is not achieved because of poor resource allocation. The attainment of economic efficiency is particularly hampered by the absence of adequate capital markets. Furthermore the two‐tiered price system may distort the relative availability of capital to industries and thereby distort their comparative growth, and add to inflationary pressures. But the system has economic advantages in relation to monopolies.
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Wenhua Hou and Wenlu Ran
This study aims to investigate the determinants of the capital structure of public–private partnership (PPP) projects in China and the nonlinear relationship between them.
Abstract
Purpose
This study aims to investigate the determinants of the capital structure of public–private partnership (PPP) projects in China and the nonlinear relationship between them.
Design/methodology/approach
First, this study identifies potential factors that can influence the capital structure of PPP projects based on literature and theoretical analysis. Second, this paper collects data from PPP projects in China and empirically investigates them using multiple linear regression and machine learning methods. Finally, for machine learning model results, this paper adopts the Shapley additive explanations to interpret them.
Findings
The results show that project size, contract duration, number of sponsors, urbanization level and regional openness are key factors influencing project capital structure, and there is a nonlinear relationship between all these factors and capital structure.
Research limitations/implications
Theoretically, this study complements the influencing factors of PPP project capital structure and reveals their nonlinear relationship. Practically, the findings of this study can help PPP project participants formulate project capital structure more scientifically.
Practical implications
Practically, the findings of this study can help project managers to recognize the important factors affecting the capital structure of PPP projects and formulate capital structure more scientifically. Moreover the results are conducive to policymakers to predict a reasonable capital structure for PPP projects and better control project risks. These research findings can also help creditors make more accurate loan decisions and promote project success to meet the needs of the general public.
Originality/value
Most existing literature has studied the linear relationship between influencing factors and the capital structure of PPP projects. This study uses machine learning models to explore the nonlinear relationship between influencing factors and the capital structure of PPP projects and explains the working principles.
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Lifu Li, Kyeong Kang and Osama Sohaib
This study aims to present the Chinese entrepreneurial environment and explore Chinese tertiary students’ online-startup motivation on live streaming platforms. Based on the COM-B…
Abstract
Purpose
This study aims to present the Chinese entrepreneurial environment and explore Chinese tertiary students’ online-startup motivation on live streaming platforms. Based on the COM-B behaviour changing theory, this paper discovers various influencing factors from environmental opportunity and personal capability aspects. It analyses their effects under the cooperative system established among official departments, industries and universities. Meanwhile, considering social and cultural control, it also refers to the uncertainty-avoidance dimension from the Hofstede cultural theory and re-evaluates its influence on Chinese tertiary students’ online-startup motivation.
Design/methodology/approach
The authors analyse 474 responses from online questionnaires through partial least squares path modelling and variance-based structural equation modelling. The paper claims that environmental opportunity and personal capability factors positively affect students’ online-startup motivation, but uncertainty-avoidance thinking plays a negative role. The study also measures the importance-performance map analysis to explore additional findings and discuss managerial implications.
Findings
Both platform support and official department support positively impact Chinese tertiary students’ online-startup motivation and entrepreneurial skills learned from universities are beneficial for them to build online-startup confidence. Meanwhile, influenced by the cooperative system implemented among official departments, industries and universities, official department support positively affects platform support and entrepreneurial skills. Conversely, influenced by Chinese traditional Confucian culture, uncertainty-avoidance thinking negatively affects tertiary students’ online-startup motivation.
Originality/value
This paper demonstrates the analysis of Chinese tertiary students’ online-startup motivation drawing on the COM-B behaviour changing and Hofstede cultural theories. Specifically, this study divides influencing factors into three specific aspects as follows: environmental opportunity, personal capability and social and cultural control. Unlike existing research applying traditional research models, the combination of the COM-B behaviour changing theory and the Hofstede cultural theory could be conducive to making the research model reflect influencing factors and present their different relationships.
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Ying Gao, Qiang Zhang, Xiaoran Wang, Yanmei Huang, Fanshuang Meng and Wan Tao
Currently, the Tang tomb mural cultural relic resources are presented in a multi-source and heterogeneous manner, with a lack of effective organization and sharing between…
Abstract
Purpose
Currently, the Tang tomb mural cultural relic resources are presented in a multi-source and heterogeneous manner, with a lack of effective organization and sharing between resources. Therefore, this study aims to propose a multidimensional knowledge discovery solution for Tang tomb mural cultural relic resources.
Design/methodology/approach
Taking the Tang tomb murals collected by the Shaanxi History Museum as an example, based on clarifying the relevant concepts of Tang tomb mural resources and considering both dynamic and static dimensions, a top-down approach was adopted to first construct an ontology model of Tang tomb mural type cultural relics resources. Then, the actual case data was imported into the Neo4J graph database according to the defined pattern hierarchy to complete the static organization of knowledge, and presented in a multimodal form in knowledge reasoning and retrieval. In addition, geographic information system (GIS) technology is used to dynamically display the spatiotemporal distribution of Tang tomb mural resources, and the distribution trend is analysed from a digital humanistic perspective.
Findings
The multi-dimensional knowledge discovery of Tang tomb mural cultural relics resources can help establish the correlation and spatiotemporal relationship between resources, providing support for semantic retrieval and navigation, knowledge discovery and visualization and so on.
Originality/value
This study takes the murals in the collection of the Shaanxi History Museum as an example, revealing potential knowledge associations in a static and intelligent way, achieving knowledge discovery and management of Tang tomb murals, and dynamically presents the spatial distribution of Tang tomb murals through GIS technology, meeting the knowledge presentation needs of different users and opening up new ideas for the study of Tang tomb murals.
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Gang Zhao, Jianhao Zhang and Wanyi Chen
Low-carbon city policies (LCCP) are crucial environmental regulatory frameworks driving China’s transition toward a low-carbon economy. This study investigated the impact of LCCP…
Abstract
Purpose
Low-carbon city policies (LCCP) are crucial environmental regulatory frameworks driving China’s transition toward a low-carbon economy. This study investigated the impact of LCCP on enterprise digital transformation (EDT).
Design/methodology/approach
This study employed a staggered difference-in-differences model for Chinese listed companies from 2007 to 2021. It also used a cross-sectional model for further analysis.
Findings
We found that the implementation of LCCP can promote EDT. This impact was more pronounced among enterprises with greater media attention in high-energy-consumption industries and well-developed economic areas.
Practical implications
This study has practical implications for the LCCP, as it evaluates the consequences of macro-level LCCP on micro-level corporate economic consequences. It provides an important reference for developing countries to implement LCCP and promote green industry upgrading.
Originality/value
This study broadens the impact of the LCCP, providing valuable insights into substantiating carbon neutrality goals and fostering the influencing factors of EDT.
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Jianhua Tan, Kam C. Chan, Samuel Chang and Bin Wang
This paper aims to examine the effect of carbon emissions on audit fees. The authors hypothesize that firms in cities with higher carbon emission levels have lower reporting…
Abstract
Purpose
This paper aims to examine the effect of carbon emissions on audit fees. The authors hypothesize that firms in cities with higher carbon emission levels have lower reporting transparency, higher return volatility or are subject to higher reputation risk, causing them to be charged higher audit fees for auditing services.
Design/methodology/approach
The authors use panel data of 25,960 firm-year observations from a sample of Chinese firms. The carbon emission data for each Chinese city are obtained from the China Emission Accounts and Datasets for Emerging Economies. This paper adopts a multiple regression model to study the impact of carbon emissions on audit fees.
Findings
The authors find that firms located in cities with higher carbon emission levels and firms with more carbon emissions are charged, on average, a higher audit fee. This audit fee effect of carbon risk is transmitted by lessened information transparency and elevated financial risk within these firms. This paper shows that auditors consider carbon risk in their audit fee decisions and other factors that could influence audit risk and effort.
Originality/value
This study draws a connection between carbon emissions and audit fees. It is especially relevant due to the increasing importance of environmental factors in the audit risk assessment. In addition, the findings suggest that a firm implementing a proactive environmental strategy benefits the economy and decreases the costs to the firm for services such as auditing.
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Qiuhong Chen, Ning Geng and Kan Zhu
The purpose of this paper is to reveal the distributional characteristics and evolutional patterns in source periodicals, topics, authors, funding, and institutes of research…
Abstract
Purpose
The purpose of this paper is to reveal the distributional characteristics and evolutional patterns in source periodicals, topics, authors, funding, and institutes of research papers in Chinese Agricultural Economics so as to understand the current situations and developmental tendency of Chinese agricultural economics research over the past decade.
Design/methodology/approach
Using the citation analysis method, this paper analyzed the distributional characteristics and evolution of source periodicals, fields, authors and topics of 2,203 highly cited journal papers from the database of China National Knowledge Infrastructure (CNKI) and 189 cited journal papers from database of Social Sciences Citation Index (SSCI) in agricultural economics first-authored by Chinese scholars from 2006 to 2015.
Findings
First, over the past decade, agricultural economics research in China has seen a rapid development. Specially, 103 scholars and 42 institutes have played key roles in the development, and 12 Chinese periodicals and 3 international journals have been the most influential outlets. Second, the coverage of the topics in Chinese agricultural economics research is broad and has expanded over the past decade. The rural land issue has been the most popular topic, while the issues regarding rural institutional arrangements and industrialization in rural areas have been explored extensively. However, issues in other fields, such as agricultural markets and trade, rural labor, food safety, etc. have to be further studied. Third, the improvements of economic theory and quantitative analytic techniques, the supports from research funding, and an increase in the collaboration between Chinese scholars and those from other countries have made great contribution to the rapid development of Chinese agricultural economics research over the past decade.
Originality/value
This paper is an original work that identifies the most influential journal papers including highly cited journal papers from CNKI and cited journal papers from SSCI, using citation frequency and standard Essential Science Indicators method. This is a contribution relative to the methods used by previous studies, which did not account for frequency of citation of a paper. Moreover, this study is based on data from two databases, CNKI and SSCI, suggesting that the coverage of sample papers is broader compared to those of previous studies.