Journal of Chinese Economic and Business Studies最新文献

{"title":"Vietnam’s bilateral trade intensity: the role of China","authors":"S. Nguyen, Yanrui Wu","doi":"10.1080/14765284.2023.2206785","DOIUrl":"https://doi.org/10.1080/14765284.2023.2206785","url":null,"abstract":"","PeriodicalId":45444,"journal":{"name":"Journal of Chinese Economic and Business Studies","volume":" ","pages":""},"PeriodicalIF":2.0,"publicationDate":"2023-04-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42111089","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"ChatGPT: Systematic Review, Applications, and Agenda for Multidisciplinary Research","authors":"H. Singh, Avneet Singh","doi":"10.1080/14765284.2023.2210482","DOIUrl":"https://doi.org/10.1080/14765284.2023.2210482","url":null,"abstract":"ABSTRACT With the launch of text-based artificial Intelligence (AI) powered ChatGPT by OpenAI, the natural language processing method of communicating has been captivating the business world. Since its launch in November 2022, ChatGPT has been making waves in diverse areas ranging from customer care to healthcare, education to automobiles, and the financial world to communication technology. This study presents the theoretical background, use of technology, and its applications in various business areas. The study aims to organize much talked about but less understood technological aspects from a modern technological disruption perspective and lays the agenda for multidisciplinary research. Furthermore, we present AI-powered chatbot applications and business use cases vis-à-vis the uncertainties of using technology. Finally, we conclude by stating our thoughts regarding the direction of technology so that ChatGPT could benefit the business world.","PeriodicalId":45444,"journal":{"name":"Journal of Chinese Economic and Business Studies","volume":"21 1","pages":"193 - 212"},"PeriodicalIF":2.0,"publicationDate":"2023-04-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"59960961","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Bridging the gap – the impact of ChatGPT on financial research","authors":"Yi Cao, Jianwu Zhai","doi":"10.1080/14765284.2023.2212434","DOIUrl":"https://doi.org/10.1080/14765284.2023.2212434","url":null,"abstract":"ABSTRACT In March 2023, the release of GPT-4 and its application, Copilot, astounds the world and thrusts AI into the spotlight in industry, and academia. The incredible superiority of GPT-4 is demonstrated by its ability to achieve high scores on almost all mainstream academic and professional standard exams, Copilot’s capability to accomplish nearly all repetitive office work, and the rapid spread of its applications across massive areas of human society within weeks of its launch. These changes lead to the belief on the emergence of GPT-4 having a significant impact on academic research in the finance and accounting fields by establishing a consensus on the psychological acceptance of AI and rapidly eliminating technical barriers of using it. This paper presents practical examples to demonstrate GPT-4’s effectiveness in sentiment analysis, ESG analysis, corporate culture analysis, and Federal Reserve opinion analysis, and provides instructive recommendations for applying it in these subject areas.","PeriodicalId":45444,"journal":{"name":"Journal of Chinese Economic and Business Studies","volume":"21 1","pages":"177 - 191"},"PeriodicalIF":2.0,"publicationDate":"2023-04-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44769242","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Banking structure and government policies regarding SMEs financing","authors":"W. Li, T. He","doi":"10.1080/14765284.2023.2181619","DOIUrl":"https://doi.org/10.1080/14765284.2023.2181619","url":null,"abstract":"ABSTRACT This study adopts the view that at the current stage of economic development in China, the factor endowment structure is characterized as abundant labor and scarce capital, which determines that the viable industrial structure should be dominated by small- and medium-sized enterprises and the optimal banking structure should be dominated by labor-intensive banks. Using bank assets per employee to measure labor intensity of banks and investigating the data from various sources, we find that in China, major commercial banks and rural financial institutions are labor-intensive banks providing two thirds of the total bank loans to small enterprises. Furthermore, the cross-region investigation reveals that on average small-sized enterprises are positively associated with labor-intensive banks, and labor-intensive banks contribute significantly more to the SMEs business incomes than capital-intensive banks. This study also discusses some implications to researchers and policy makers.","PeriodicalId":45444,"journal":{"name":"Journal of Chinese Economic and Business Studies","volume":"21 1","pages":"387 - 402"},"PeriodicalIF":2.0,"publicationDate":"2023-02-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44132672","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Corporate governance in Ming & Qing China: evidence from Shanxi (Jin) merchants","authors":"Jiguang Wang, Yushang Hu","doi":"10.1080/14765284.2023.2167415","DOIUrl":"https://doi.org/10.1080/14765284.2023.2167415","url":null,"abstract":"","PeriodicalId":45444,"journal":{"name":"Journal of Chinese Economic and Business Studies","volume":" ","pages":""},"PeriodicalIF":2.0,"publicationDate":"2023-01-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48761510","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Energy production revolution in China during 2015–2019: progress and challenges","authors":"Hui Li, Ruining Zhang, Lingyue Zhang, Yu Qin, H. Liao","doi":"10.1080/14765284.2023.2167413","DOIUrl":"https://doi.org/10.1080/14765284.2023.2167413","url":null,"abstract":"ABSTRACT Since the release of the Energy Supply and Consumption Revolution Strategy (2016–2030), China has made remarkable advancements. This paper establishes an evaluation system to analyze the progress of the energy production revolution in China during 2016–2019. The results report that more than three-fourths of the indicators fulfill the process schedule by more than 80% in 2019. Specifically, the clean development and efficient utilization of coal is carried out significantly among the five major areas of the energy production revolution. However, China’s energy production revolution still faces challenges, such as insufficient technology innovation of power generation, weak consumption and storage capacity of clean energy, the outdated transaction management system of the energy market, the limited emergency capacity of the energy system, and the backward construction of an energy production intelligent system. Finally, policy implications for accelerating the energy production revolution are proposed.","PeriodicalId":45444,"journal":{"name":"Journal of Chinese Economic and Business Studies","volume":"21 1","pages":"85 - 109"},"PeriodicalIF":2.0,"publicationDate":"2023-01-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43196556","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Fraud analytics: a research","authors":"B. Baesens","doi":"10.1080/14765284.2022.2162246","DOIUrl":"https://doi.org/10.1080/14765284.2022.2162246","url":null,"abstract":"ABSTRACT Fraud is as old as humankind and appears in many types and forms. Popular examples are credit card fraud, tax evasion, identity theft, insurance fraud, counterfeit, click fraud, anti-money laundering, and payment transaction fraud. In earlier research we defined fraud as an uncommon, well-considered, imperceptibly concealed, time-evolving, and carefully organized crime. Nowadays, fraud is typically tackled using state-of-the-art analytical techniques with many accompanying challenges. It is the purpose of this article to highlight twelve research topics (RTs) that we believe prioritize high on the agenda of contemporary fraud analytics models. We do this by reviewing fraud analytics from a data, model, performance, and deployment perspective.","PeriodicalId":45444,"journal":{"name":"Journal of Chinese Economic and Business Studies","volume":"21 1","pages":"137 - 141"},"PeriodicalIF":2.0,"publicationDate":"2023-01-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48262564","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Carbon neutrality and socio-economic development","authors":"Z. Mi, Yuning Gao, Hua Liao","doi":"10.1080/14765284.2023.2182013","DOIUrl":"https://doi.org/10.1080/14765284.2023.2182013","url":null,"abstract":"To achieve the 1.5°C goal, the world needs to reach carbon neutrality by the mid-century. The achievement of carbon neutrality not only relates to climate change mitigation, but also delivers unprecedented and tremendous changes to society in green economic growth, responsible consumer behaviours, human well-being, and health. This special issue originated from the China-UK Workshop on Climate Change Economics held by Center for Energy and Environmental Policy Research, Beijing Institute of Technology and Bartlett School of Sustainable Construction, University College London. This special issue serves as a platform for the researchers to have a discussion on the balance between socioeconomic targets and actions for decarbonization strategies. The papers in this SI cover topics on decarbonization of economic growth, transition in energy system, firms’ commitment to carbon neutrality, and the trends of carbon neutrality-related research in recent decades. China’s commitment to carbon neutrality is critical to the global efforts in climate change mitigation since it has been the world’s largest emitter since 2006. The achievement of carbon neutrality in China should be based on a thorough transition of the economic growth mode in the process of industrialisation and urbanisation. The old approaches of heavy investments in physical infrastructure, with a focus on manufacturing, high-carbon infrastructure and fossil fuel, need to be abandoned. By linking the 14 Five-Year Plan and carbon neutrality goal, Stern and Xie (2023) proposed a new growth story for China to shift from overexploitation of natural resources and the chase for material wealth to a multidimensional conception of human well-being, protection of natural resources, boost of sustainable technologies, and changes in consumer behaviour. Investment in sustainable growth and low-carbon innovations is vital to promote the structural transformation of industries. In achieving the carbon neutrality goal, energy transition is one of the most important approaches. By establishing an evaluation indicator system, Li et al. (2023) assessed the progress in the energy production revolution during 2015–2019 in China. Results indicate that the production revolution in the supply-side management of energy and clean development and the efficient utilization of coal are the most prominent aspects of revolution advancements. A slowdown of the energy production revolution in 2018 and 2019 is also shown. China’s energy system is facing some challenges, including insufficient technology innovation, weak consumption and storage capacity for clean energy, sluggish construction of the energy product standard system and transaction management system, the brittle cross-regional transmission of energy, and the backward construction of an energy production intelligent system. R&D investment in clean power generation technology, the establishment of intelligent energy production, supply, storage and marketing systems","PeriodicalId":45444,"journal":{"name":"Journal of Chinese Economic and Business Studies","volume":"21 1","pages":"1 - 3"},"PeriodicalIF":2.0,"publicationDate":"2023-01-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45458253","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Does carbon neutrality commitment enhance firm value?","authors":"Xinyi Xie, Jianan Lu, Mao Li, Jiang Dai","doi":"10.1080/14765284.2022.2161171","DOIUrl":"https://doi.org/10.1080/14765284.2022.2161171","url":null,"abstract":"ABSTRACT This study discusses the stock market reaction to the firm’s carbon neutrality commitments. By hand-collecting firm-level news and stock data, we conduct event studies as well as regression modelling studies. The results show that firms experience losses in market value from committing to being carbon neutral, and the decline in cumulative abnormal returns ranges from −2.09% to −1.21% across different event windows. However, we find better previous ESG performance and a higher level of carbon disclosure could mitigate adverse market reactions. This study innovatively links the ‘trade-off theory’ and ‘resource-based view’ to the discussion of CSR/ESG on firm value from the lens of carbon neutrality commitments.","PeriodicalId":45444,"journal":{"name":"Journal of Chinese Economic and Business Studies","volume":"21 1","pages":"49 - 83"},"PeriodicalIF":2.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46679592","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Research on spillover effect of foreign market risk on Chinese capital market from perspective of full financial opening-up","authors":"Xinhui Zhou, Yuzhe Li, Bing Chen, Huadong Jiang","doi":"10.1080/14765284.2022.2161173","DOIUrl":"https://doi.org/10.1080/14765284.2022.2161173","url":null,"abstract":"ABSTRACT Starting from document research, this paper analyzes the mechanism of the risk spillover effect from developed capital markets to the Chinese capital market. After that, this paper conducts an empirical study on the risk spillover effect of developed capital markets on the Chinese capital market by using the DCC-GARCH model. Then the impact degree of global major stock market fluctuations on the Chinese stock market is measured. The analysis shows that there exists a significant risk spillover effect of developed capital markets on the Chinese capital market, but the effect began to weaken after the financial crisis and the size of the spillover effect can be affected by macro factors such as geographical locations, foreign trade, and foreign investment.","PeriodicalId":45444,"journal":{"name":"Journal of Chinese Economic and Business Studies","volume":"1 1","pages":""},"PeriodicalIF":2.0,"publicationDate":"2022-12-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43055043","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}