IF 4.8 2区经济学

International Review of Economics & Finance Pub Date : 2025-06-26 DOI: 10.1016/j.iref.2025.104348

Xiao Zeng , Chenxi Wang

{"title":"The impact of corporate digital transformation on the accuracy of Management's earnings forecasts","authors":"Xiao Zeng , Chenxi Wang","doi":"10.1016/j.iref.2025.104348","DOIUrl":"10.1016/j.iref.2025.104348","url":null,"abstract":"<div><div>In recent years, the digital economy has experienced robust growth, as digital technology progressively infiltrates every aspect of sustainable economic and societal advancement. Consequently, digital transformation has emerged as an inevitable and essential trend for the continuous advancement of firms. To explore the impact of corporate digital transformation on the accuracy of management earnings forecasts, we conduct an empirical analysis using a sample comprising companies listed on the Shanghai and Shenzhen Stock Exchange from 2010 to 2023. Our findings demonstrate a significant positive impact of corporate digital transformation on the accuracy of management earnings forecasts. Mechanism analysis reveals that the process of digital transformation enhances the accuracy of management earnings forecasts by improving the quality of information disclosure. Moreover, heterogeneity analyses reveal that the positive impact of digital transformation on the accuracy of management earnings forecasts is more pronounced in firms with weaker internal control, robust corporate governance practices, higher agency costs, executives without technical backgrounds, moderate levels of competition, and those that are non-state-owned enterprises. These findings not only provide fresh evidence of the enduring effects of digital transformation but also yield insights into the symbiotic relationship between the capital market and the national economy. Additionally, they present a novel perspective on the regulation of predictive corporate information disclosure.</div></div>","PeriodicalId":14444,"journal":{"name":"International Review of Economics & Finance","volume":"102 ","pages":"Article 104348"},"PeriodicalIF":4.8,"publicationDate":"2025-06-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144511016","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Analyzing the causes of vacant houses through geospatial and panel data analyses in Japan 通过地理空间和面板数据分析日本空置房屋的成因

IF 6 1区经济学

Cities Pub Date : 2025-06-26 DOI: 10.1016/j.cities.2025.106190

Hanui Yu , Jieun Lee

{"title":"Analyzing the causes of vacant houses through geospatial and panel data analyses in Japan","authors":"Hanui Yu , Jieun Lee","doi":"10.1016/j.cities.2025.106190","DOIUrl":"10.1016/j.cities.2025.106190","url":null,"abstract":"<div><div>This study analyzed the housing vacancy rate across Japan to investigate the effects of urban scale, industrial specialization, weather, and transportation factors on vacant house occurrences. The findings indicate that analyzing vacant house occurrences on an urban scale is more important than on a metropolitan area status. Big cities exhibited a higher housing vacancy rate for rental housing and housing for sale, whereas medium cities, small cities, and towns/villages showed higher and increasing trends in other housing. Areas with low industrial specialization exhibited higher vacancy rates; however, we assume that promoting high-level industrial diversification could reduce vacancy rates. Changes in urban planning policies since 2008, population movements, and economic conditions are speculated to have influenced the increase in the housing vacancy rate. Particularly, the increase in the number of hotels in tourist areas was closely related to a reduction in the housing vacancy rate. Given that temperature, humidity, and precipitation across Japan showed significant correlations with the housing vacancy rate, they should be considered when formulating vacant house policies. Areas with railway access demonstrated lower housing vacancy rate, indicating that including railway development in urban development plans could effectively reduce housing vacancy rate. This study contributes to developing strategies to address vacant houses in Japan.</div></div>","PeriodicalId":48405,"journal":{"name":"Cities","volume":"165 ","pages":"Article 106190"},"PeriodicalIF":6.0,"publicationDate":"2025-06-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144480121","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Decoupling effects and impact mechanisms of carbon emissions in China's plantation system 中国人工林系统碳排放的脱钩效应及影响机制

IF 4.8 2区经济学

International Review of Economics & Finance Pub Date : 2025-06-26 DOI: 10.1016/j.iref.2025.104340

Bingbing Liu , Jun Yang , Shuhao Qi , Rui Shi

{"title":"Decoupling effects and impact mechanisms of carbon emissions in China's plantation system","authors":"Bingbing Liu , Jun Yang , Shuhao Qi , Rui Shi","doi":"10.1016/j.iref.2025.104340","DOIUrl":"10.1016/j.iref.2025.104340","url":null,"abstract":"<div><div>As a critical nexus for both grain production and carbon emissions, the synergistic development of the plantation system is of strategic importance for realizing China's “dual-carbon” goal. A comprehensive assessment of the decoupling status and its driving factors between these dimensions provides critical reference for developing countries in achieving the dual global goals of SDG 2 (Zero Hunger) and SDG 13 (Climate Action).This study employs a Tiered Hybrid Life Cycle Assessment (TH-LCA) to quantify carbon emissions from China's crop cultivation system from 2000 to 2022, evaluating its decoupling effects, underlying mechanisms, and decarbonization potential. Key findings include: First, core production zones exhibited a 5 % increase in emissions, predominantly in a weak decoupling state. Second, structural optimization of cropping systems and clean energy adoption emerged as primary drivers, while labor allocation efficiency positively moderated emissions. Conversely, scale expansion and energy intensity inertia acted as systemic barriers. Third, scenario simulations predict that under the conventional development scenario, emissions will reach 297.71 Mt by 2030. In contrast, the moderate decoupling pathway and deep low-carbon scenario could reduce emissions to 280.16 Mt and 277.53 Mt, representing decreases of 5.89 % and 6.78 % compared to the CDS, respectively. This study provides a theoretical framework and policy support for comprehensively analyzing carbon emissions in China's crop cultivation system, enhancing system resilience, and promoting synergistic development.</div></div>","PeriodicalId":14444,"journal":{"name":"International Review of Economics & Finance","volume":"102 ","pages":"Article 104340"},"PeriodicalIF":4.8,"publicationDate":"2025-06-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144514223","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Crowdfunding campaigns for a sustainable development: state of the art and future research agenda 可持续发展的众筹活动：现状和未来的研究议程

IF 10.4 2区经济学

Finance Research Letters Pub Date : 2025-06-26 DOI: 10.1016/j.frl.2025.107863

Francesco Cappa, Antonello Cammarano, Francesco Fasano, Stefano Franco

引用次数: 0

The impact of financial statement indicators on bank credit ratings: Insights from machine learning and SHAP techniques 财务报表指标对银行信用评级的影响：来自机器学习和SHAP技术的见解

IF 10.4 2区经济学

Finance Research Letters Pub Date : 2025-06-26 DOI: 10.1016/j.frl.2025.107758

Min-Jae Lee, Sun-Yong Choi

引用次数: 0

School autonomy and pupils’ performance: Academy conversion in English primary schools 学校自主与学生表现：英国小学的书院转换

IF 1.8 3区经济学

Economics of Education Review Pub Date : 2025-06-26 DOI: 10.1016/j.econedurev.2025.102674

Sabrina Auci , Manuela Coromaldi , Gianni De Fraja

引用次数: 0

Barriers to car-free streets: Identifying opponents of pedestrianization in Montreal 无车街道的障碍：识别蒙特利尔行人专用区的反对者

IF 6 1区经济学

Cities Pub Date : 2025-06-26 DOI: 10.1016/j.cities.2025.106178

Hamed Naseri , Francesco Ciari , Marie-Soleil Cloutier , Ashraf Uz Zaman Patwary

{"title":"Barriers to car-free streets: Identifying opponents of pedestrianization in Montreal","authors":"Hamed Naseri , Francesco Ciari , Marie-Soleil Cloutier , Ashraf Uz Zaman Patwary","doi":"10.1016/j.cities.2025.106178","DOIUrl":"10.1016/j.cities.2025.106178","url":null,"abstract":"<div><div>Urban mobility has been dominated by motorized vehicles, posing many challenges related to the environment, citizens' health and safety, and traffic congestion. Pedestrianization (converting streets to car-free zones) is a practical strategy to reduce car dependency, promote active transportation, and enhance urban livability. However, many city residents and business owners have often opposed pedestrianization. Through a cluster analysis, this study examined opposition to pedestrianization in Montreal, Canada. To this end, an online survey was designed and administered. The collected data (1909 complete responses) was synchronized with five contextual data sources to form a large-scale dataset, including 121 variables. The results suggested that opposition to pedestrianization was associated with insufficient satisfaction with 2-wheelers/pedestrian cohabitation, attractiveness, urban furniture, cleanliness, and safety of pedestrianized streets. The supporters tended to change their travel behavior to spend more time in car-free streets, while opponents tried to change their route to avoid traveling in vehicle-free zones. The opponents included more non-cyclists, males, car owners, older people, and those living alone in neighborhoods with lower density. Opponents were more likely to be drivers and taxi users. This study highlights how pedestrianization can reduce motorized vehicle use while increasing active transportation. These insights can help policymakers address public concerns and create urban spaces that better accommodate all road users.</div></div>","PeriodicalId":48405,"journal":{"name":"Cities","volume":"165 ","pages":"Article 106178"},"PeriodicalIF":6.0,"publicationDate":"2025-06-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144490518","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Digital technologies and public life in Istanbul: Socio-demographic patterns and urban implications 伊斯坦布尔的数字技术与公共生活：社会人口模式和城市影响

IF 6 1区经济学

Cities Pub Date : 2025-06-26 DOI: 10.1016/j.cities.2025.106179

Aslı Altanlar , İbrahim Eren , Esin Özlem Aktuğlu Aktan

{"title":"Digital technologies and public life in Istanbul: Socio-demographic patterns and urban implications","authors":"Aslı Altanlar , İbrahim Eren , Esin Özlem Aktuğlu Aktan","doi":"10.1016/j.cities.2025.106179","DOIUrl":"10.1016/j.cities.2025.106179","url":null,"abstract":"<div><div>Digital interactions have been observed to weaken physical social bonds, diminishing the sense of social belonging and fostering homogenized identities within online environments. This transformation in public spaces and social relationships demonstrates the reshaping effect of digitalization on social structures. This study examines the effects of digital technologies on societal life, encompassing dimensions such as social isolation, media influence, homogenization, placelessness, technology-induced social anxiety, and digital addiction. The findings are derived from descriptive analyses, <em>t</em>-tests, ANOVA, ANOVA-Bonferroni, and Post Hoc statistical methods applied to data from 400 participants aged 18 and over in Istanbul. The results reveal that the societal impacts of digital technologies are uniformly perceived across diverse age, education, and socio-economic groups. A notable gender distinction was observed in the dimensions of social isolation and digital addiction, with males scoring higher in these areas. At the same time, married individuals displayed higher levels of digital addiction than singles. These findings underscore that digitalization is driving profound shifts across all segments of society, increasingly shaping individuals' everyday lives.</div></div>","PeriodicalId":48405,"journal":{"name":"Cities","volume":"165 ","pages":"Article 106179"},"PeriodicalIF":6.0,"publicationDate":"2025-06-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144490520","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Impact of OFDI on investment choice allocations 对外直接投资对投资选择配置的影响

IF 7.5 1区经济学

International Review of Financial Analysis Pub Date : 2025-06-26 DOI: 10.1016/j.irfa.2025.104443

Yongmin Zhang , Xuewei Liu , Wenjun Tu , Moau Yong Toh , Yuxiao Lai

引用次数: 0

More authentic data asset disclosure by myopic managers: Evidence from China 短视管理者披露更真实的数据资产：来自中国的证据

IF 7.5 1区经济学

International Review of Financial Analysis Pub Date : 2025-06-26 DOI: 10.1016/j.irfa.2025.104444

Yongjie Feng , Zenglian Zhang , Jingxian Zhang , Wenjie Zhou

{"title":"More authentic data asset disclosure by myopic managers: Evidence from China","authors":"Yongjie Feng , Zenglian Zhang , Jingxian Zhang , Wenjie Zhou","doi":"10.1016/j.irfa.2025.104444","DOIUrl":"10.1016/j.irfa.2025.104444","url":null,"abstract":"<div><div>Typically, myopic managers tend to disclose more forward-looking information to boost investor confidence, elevate short-term stock prices, and enhance performance-based compensation. This study develops a valuation model to examine the divergence between publicly disclosed data asset information and the book value of actual data assets. Using a sample of listed firms in China, we find that myopic managers strategically limit the disclosure of data asset information. This cautious disclosure approach proves beneficial under certain conditions, as over-disclosure can lead to market devaluation due to the contentious and uncertain valuation of data assets. Further analysis reveals that myopic managers are more likely to adopt aggressive disclosure strategies when investors exhibit strong information processing capabilities or when firms are state-owned. Quantile regression results suggest that myopic managers reduce excessive disclosure without affecting normal disclosure practices. These findings indicate that managerial short-termism, under specific institutional and informational conditions, may curb over-disclosure of controversial information and improve short-term market performance. The study underscores the importance of developing a more sophisticated and context-sensitive framework for data asset disclosure.</div></div>","PeriodicalId":48226,"journal":{"name":"International Review of Financial Analysis","volume":"105 ","pages":"Article 104444"},"PeriodicalIF":7.5,"publicationDate":"2025-06-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144513512","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

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