All Outputs (5)

A decision making framework for joint replenishment and delivery scheduling problems under mixed uncertainty (2023)
Journal Article
Wang, G., Zhou, J., Pantelous, A. A., Liu, Y., & Li, Y. (2024). A decision making framework for joint replenishment and delivery scheduling problems under mixed uncertainty. Computers and Industrial Engineering, 187, Article 109835. https://doi.org/10.1016/j.cie.2023.109835

Concerning the essence of risk, a joint replenishment and delivery scheduling problem with fuzzy cost-related parameters and random number of imperfect quality items is developed to make it suitable for the inherent uncertainties of procurement-shipm... Read More about A decision making framework for joint replenishment and delivery scheduling problems under mixed uncertainty.

CSR performance and firm idiosyncratic risk in a data-rich environment: The role of retail investor attention (2023)
Journal Article
He, F., Liu, G., Hao, J., & Li, Y. (2023). CSR performance and firm idiosyncratic risk in a data-rich environment: The role of retail investor attention. Journal of International Financial Markets, Institutions and Money, 89, Article 101877. https://doi.org/10.1016/j.intfin.2023.101877

In the Chinese stock market, there are many retail investors who focus on short-term profits and may consider corporate social responsibility (CSR) differently from institutional investors. We find that CSR significantly reduces firms’ idiosyncratic... Read More about CSR performance and firm idiosyncratic risk in a data-rich environment: The role of retail investor attention.

Do green bonds affect stock returns and corporate environmental performance? Evidence from China (2023)
Journal Article
Fan, R., Xiong, X., Li, Y., & Gao, Y. (2023). Do green bonds affect stock returns and corporate environmental performance? Evidence from China. Economics letters, 232, Article 111322. https://doi.org/10.1016/j.econlet.2023.111322

We reveal the positive short-term stock market reaction to the announcement of green bond issuance, which does not exist for factual green bonds. For long-term performance, green bond issuance promotes corporate environmental information disclosure a... Read More about Do green bonds affect stock returns and corporate environmental performance? Evidence from China.

How does green credit policy affect polluting firms' dividend policy? The China experience (2023)
Journal Article
Li, Y., Liao, M., & Liu, Y. (2023). How does green credit policy affect polluting firms' dividend policy? The China experience. International review of financial analysis, 88, Article 102631. https://doi.org/10.1016/j.irfa.2023.102631

We explore how polluting firms alter their dividend policy in response to pressure from green credit policy. The green credit guidelines that China adopted in 2012 aim to promote credit supply in sustainable development. Meanwhile, this green credit... Read More about How does green credit policy affect polluting firms' dividend policy? The China experience.

The smog that hovers: Air pollution and asset prices (2023)
Journal Article
Guo, L., Han, X., & Li, Y. (2023). The smog that hovers: Air pollution and asset prices. Finance research letters, Article 103633. https://doi.org/10.1016/j.frl.2023.103633

Air pollution affects mental well-being (mood) and amplifies behavioral biases. We test the adverse impact of air pollution on asset prices through the lens of dual-listed stocks. Using regression analysis and difference-in-differences tests, we docu... Read More about The smog that hovers: Air pollution and asset prices.