American Journal of Economics and Sociology最新文献

Supply chain digitalization and corporate ESG performance 供应链数字化与企业环境、社会和公司治理绩效

IF 0.9 4区经济学

American Journal of Economics and Sociology Pub Date : 2024-07-02 DOI: 10.1111/ajes.12596

Siqian Chen, Xin Leng, Kun Luo

{"title":"Supply chain digitalization and corporate ESG performance","authors":"Siqian Chen, Xin Leng, Kun Luo","doi":"10.1111/ajes.12596","DOIUrl":"10.1111/ajes.12596","url":null,"abstract":"In the wave of the digital economy, supply chain digitalization is a visual manifestation of businesses integrating digital technology into their production and operations. It helps companies enhance operational efficiency and competitiveness, gradually becoming a key driver for corporate sustainable development. This study selects Chinese A-share listed companies from 2012 to 2021 as research samples and empirically tests the impact of supply chain digitalization on corporate environment (E), social responsibility (S), and corporate governance (G) (ESG) performance. We find that supply chain digitalization significantly promotes corporate ESG performance, which is achieved by reducing information asymmetry and easing financing constraints. The positive effect of supply chain digitalization on corporate ESG performance varies significantly among different enterprises, with more prominent effects in mature enterprises, those at both ends of the industrial chain, and those located in regions with lower degree of marketization. Further analysis reveals that supply chain digitalization brings about an innovation effect for enterprises. These findings enrich the research on supply chain digitalization and corporate ESG performance, providing valuable insights for promoting supply-side structural reforms and corporate sustainable development.","PeriodicalId":47133,"journal":{"name":"American Journal of Economics and Sociology","volume":"83 4","pages":"855-881"},"PeriodicalIF":0.9,"publicationDate":"2024-07-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141686213","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"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

Configurational paths of entrepreneurial activity: An analysis based on the technology–organization–environment framework 创业活动的配置路径：基于技术-组织-环境框架的分析

IF 0.9 4区经济学

American Journal of Economics and Sociology Pub Date : 2024-06-27 DOI: 10.1111/ajes.12595

Xiuyuan Gong, Lu Li, Nengzhi Yao, Qiaozhe Guo

{"title":"Configurational paths of entrepreneurial activity: An analysis based on the technology–organization–environment framework","authors":"Xiuyuan Gong, Lu Li, Nengzhi Yao, Qiaozhe Guo","doi":"10.1111/ajes.12595","DOIUrl":"https://doi.org/10.1111/ajes.12595","url":null,"abstract":"Entrepreneurial activity is crucial for economic progress and resolving societal issues. Utilizing the technology–organization–environment (TOE) theoretical framework, this study builds a systematic model to investigate the trajectories of entrepreneurial activities across 31 provinces in China from 2019 to 2021. We employ the fuzzy set qualitative comparative analysis (fsQCA) method. Our analyses indicate that (1) multiple factors impact both high entrepreneurial activity and non-high entrepreneurial activity; entrepreneurial activity is significantly different between advanced and catching-up regions; (2) there are two types of paths that lead to high entrepreneurial activity, namely technology driven and technology–institution driven. These paths are dynamic, gradually transitioning from technology driven and technology–institution driven to industry–resource driven; and (3) non-high entrepreneurial activity may result from poor technological infrastructure and lack of human capital. These findings elucidate the different routes through which entrepreneurial activity is generated in China and offer valuable theoretical and practical insights.","PeriodicalId":47133,"journal":{"name":"American Journal of Economics and Sociology","volume":"83 4","pages":"831-854"},"PeriodicalIF":0.9,"publicationDate":"2024-06-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142130354","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"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 financial inclusion, rural consumption and economic growth in China 中国的数字普惠金融、农村消费与经济增长

IF 0.9 4区经济学

American Journal of Economics and Sociology Pub Date : 2024-06-17 DOI: 10.1111/ajes.12587

Zepu Zhang, Jing Wang, Chen Sun

{"title":"Digital financial inclusion, rural consumption and economic growth in China","authors":"Zepu Zhang, Jing Wang, Chen Sun","doi":"10.1111/ajes.12587","DOIUrl":"https://doi.org/10.1111/ajes.12587","url":null,"abstract":"In recent years, the continuous development of China's digital inclusive finance has provided favorable conditions for improving the consumption level of domestic residents and stimulating national economic growth. Based on the theory of financial development and deepening, this paper studies the mechanism and effect of digital inclusive finance on rural residents’ consumption and economic growth. The results show that (1) the development of digital inclusive finance can directly promote economic growth. Specifically, the breadth of coverage, the depth of use and the degree of digitization of digital inclusive finance all contribute to economic growth. (2) Digital inclusive finance significantly promotes rural residents’ consumption, and rural residents’ consumption significantly promotes economic growth, that is, digital inclusive finance can indirectly promote economic growth by promoting rural residents’ consumption. (3) When digital inclusive finance is at different levels of development, rural residents’ consumption has different effects on economic growth. The higher the development level of digital inclusive finance, the better the promotion effect of rural residents’ consumption on economic growth. Therefore, we should continue to promote the development of digital inclusive finance, give full play to the inclusiveness and convenience of digital inclusive finance, and contribute to the promotion of rural residents’ consumption and economic growth.","PeriodicalId":47133,"journal":{"name":"American Journal of Economics and Sociology","volume":"83 4","pages":"809-829"},"PeriodicalIF":0.9,"publicationDate":"2024-06-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142130355","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"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

Too cool for school: Participatory shirking and U.S. House passage of proxy voting 太酷了，不适合上学：参与式推卸与美国众议院通过代理投票制

IF 0.9 4区经济学

American Journal of Economics and Sociology Pub Date : 2024-06-14 DOI: 10.1111/ajes.12594

Franklin G. Mixon Jr., Benno Torgler

{"title":"Too cool for school: Participatory shirking and U.S. House passage of proxy voting","authors":"Franklin G. Mixon Jr., Benno Torgler","doi":"10.1111/ajes.12594","DOIUrl":"10.1111/ajes.12594","url":null,"abstract":"A large portion of the American electorate holds contempt for elected representatives who skip floor votes. As a result, political challengers, and the national political media in the U.S., rarely miss a chance to inform the electorate of the shirking behavior of its representatives. New research suggests that, in 2020, the leadership of the U.S. House of Representatives may have developed protection, albeit temporary, to legislators who engage in shirking behavior. That protection came via passage of House Resolution 965, which authorized “remote voting by proxy” in the U.S. House of Representatives due to the COVID-19 pandemic. This study extends the literature on proxy voting by empirically examining the factors that influenced the tendency of members of the U.S. House of Representatives to either shirk (i.e., skip) the vote on proxy voting (i.e., HR 965) or to vote in favor of the resolution (i.e., HR 965) allowing for the proxy vote. Econometric results suggest that Representatives' gender, age, legislative tenure, and past penchant for participatory shirking worked to determine parliamentary participation, and the direction of one's vote, on HR 965.","PeriodicalId":47133,"journal":{"name":"American Journal of Economics and Sociology","volume":"83 4","pages":"793-807"},"PeriodicalIF":0.9,"publicationDate":"2024-06-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141340712","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"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

Does the cross-border e-commerce comprehensive pilot zones policy affect the urban–rural income gap in China? 跨境电商综合试验区政策是否影响中国城乡收入差距？

IF 0.9 4区经济学

American Journal of Economics and Sociology Pub Date : 2024-06-10 DOI: 10.1111/ajes.12593

Bing He, Da Xu, Guoqi Nan, Xiaoyu Zhang, Xiuxiu Yu

引用次数: 0

The path of economics research production: Insights into the seesaw between theory and empirics 经济学研究成果之路：洞察理论与实证之间的跷跷板

IF 0.9 4区经济学

American Journal of Economics and Sociology Pub Date : 2024-05-16 DOI: 10.1111/ajes.12585

João R. Faria, Rajeev K. Goel, Neela D. Manage

引用次数: 0

The economic value of curbside recycling as a club good and as a public good: A case study of Morgantown and Monongalia County, West Virginia 路边回收作为俱乐部产品和公共产品的经济价值：西弗吉尼亚州摩根敦和莫农加利亚县的案例研究

IF 0.9 4区经济学

American Journal of Economics and Sociology Pub Date : 2024-05-13 DOI: 10.1111/ajes.12575

Julian J. Hwang

引用次数: 0

An enhanced refresher on discounted net present value computations with an additional focus on risk and uncertainty 强化复习贴现净现值的计算，更加关注风险和不确定性

IF 0.9 4区经济学

American Journal of Economics and Sociology Pub Date : 2024-05-07 DOI: 10.1111/ajes.12574

Maggie Foley, Shuangjin Wang

引用次数: 0

How to deter earnings manipulation in Chinese banks? A study from the combined effects of corporate governance, enterprise resources, and supervisory mechanisms 如何遏制中国银行的盈利操纵？公司治理、企业资源和监管机制的综合效应研究

IF 0.9 4区经济学

American Journal of Economics and Sociology Pub Date : 2024-04-15 DOI: 10.1111/ajes.12568

Shuangjin Wang, Lili Dang, John Downs, Maggie Foley

{"title":"How to deter earnings manipulation in Chinese banks? A study from the combined effects of corporate governance, enterprise resources, and supervisory mechanisms","authors":"Shuangjin Wang, Lili Dang, John Downs, Maggie Foley","doi":"10.1111/ajes.12568","DOIUrl":"10.1111/ajes.12568","url":null,"abstract":"The study proposes methods for deterring earnings manipulation in Chinese commercial banks, recognizing it as an ongoing problem with the potential to destabilize investors and financial markets. The increasing integration of the global financial system has heightened the importance of addressing this issue, given the systemic risk posed by large individual financial institutions. Utilizing the Fuzzy Set Qualitative Comparative Analysis method (fsQCA) on 139 Chinese commercial banks in 2021, the paper explores factors influencing banks' earnings manipulation behavior. The study reveals several key findings: (1) Factors associated with reducing the likelihood of earnings manipulation in commercial banks are diverse and multifaceted. (2) Multiple paths exist to achieve earnings manipulation, categorized into Resource-guided, Corporate Governance, Resource and Supervisory Mechanism, Supervisory Mechanism, and Corporate Governance as the main mechanism. Among these, the Supervisory Mechanism exhibits the highest consistency. (3) Hiring “Big Four” accounting firms as auditors emerges as a significant deterrent against earnings manipulation in commercial banks. (4) Banks with powerful major shareholders affiliated with the government or ample resources are effective in deterring earnings manipulation. These two factors are complementary, while a bank's growth prospects and industrial competition serve as substitute factors.","PeriodicalId":47133,"journal":{"name":"American Journal of Economics and Sociology","volume":"83 4","pages":"689-707"},"PeriodicalIF":0.9,"publicationDate":"2024-04-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140699498","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"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

The impact of green finance on economic growth: Evidence from the green finance reform and innovation pilot zone 绿色金融对经济增长的影响：来自绿色金融改革创新试验区的证据

IF 0.9 4区经济学

American Journal of Economics and Sociology Pub Date : 2024-04-15 DOI: 10.1111/ajes.12573

Changfei Nie, Yujie Yao, Yuan Feng

{"title":"The impact of green finance on economic growth: Evidence from the green finance reform and innovation pilot zone","authors":"Changfei Nie, Yujie Yao, Yuan Feng","doi":"10.1111/ajes.12573","DOIUrl":"10.1111/ajes.12573","url":null,"abstract":"This study examines the impact and its mechanisms of green finance on economic growth by using the green finance reform and innovation pilot zone (GFRIPZ) as a quasi-natural experiment. Based on the panel data of 30 provinces in China from 2011 to 2019, we employ a difference-in-differences (DID) model and find that the GFRIPZ's construction has a positive effect on economic growth, resulting in real GDP growth of 2.2% in the pilot zones. Mechanism analysis shows that the GFRIPZ policy promotes economic growth by stimulating green technological innovation and increasing green fiscal expenditures. Further, the moderating effect result reveals that the more powerful the environmental regulation, the better the economic growth effect of the GFRIPZ policy. Additionally, heterogeneity analysis indicates that the GFRIPZ policy can contribute more in accelerating economic growth in Zhejiang, Jiangxi and Xinjiang. Our findings provide the latest empirical evidence that green finance promotes economic growth, as well as cross-references for policymakers to scientifically execute green monetary policies and effectively balance green development and economic growth.","PeriodicalId":47133,"journal":{"name":"American Journal of Economics and Sociology","volume":"83 4","pages":"709-736"},"PeriodicalIF":0.9,"publicationDate":"2024-04-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140702658","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"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