Combining the characteristics of BM direction distance function, non- radial DEA model and Luenberger productivity indicators, we develop a non-radial BML-DEA model to measure Environmental Performance. And by using the panel data of 30 provinces from 1997 to 2011 in China, we measure and...

Combining the characteristics of GM direction distance function, non- radial DEA model and Luenberger productivity indicators, we develop a non-radial global DEA model to measure eco-performance of different regions. Using the data from 1995 to 2011 of 30 provinces, we have calculated the...

Recent empirical work suggests that urbanization and residential CO2 emissions are related. This paper investigates the nonlinear impact of urbanization on residential CO2 emissions over the period 1997–2011 in China by applying the Candelon et al. (2012) methodology. The results show that the...

This paper dynamically extends the noise trading model (DSSW model) via describing the limited rational investors’ sentiment more specifically, and using the bipolar sigmoid activation function in the neural network system to depict noise traders’ overreaction to the past changes of...

In view of the contradicting results in existing research, this paper proposes a new Weighted Cross-Sectional Variance (WCSV) model to re-examine the level of herding behavior in the Chinese A-share market. Motivated by the original WCSV model, we utilize a Fama-French augmented seven-factor...

This paper investigates the impact and mechanisms of negative media coverage on corporate environmental responsibility (CER). We use the data of China’s listed companies in the heavy-polluting industries from 2006 to 2019, an event-study analysis is undertaken to identify the treatment effect...