*p<0.1; **p<0.05; ***p<0.01 Standard deviations in parentheses. T-tests test for differences in means assuming unequal variances. “Before matching” uses the full sample; “After matching” is based on 1
By optimizing enterprises’ capital structure, the deleveraging policy has a close relationship with green innovation. Taking the Opinions on Actively and Steadily Reducing Enterprise Leverage issued b
Background In 2018, Scotland became the second country to implement minimum unit pricing (MUP) for all types of alcoholic beverages. The aim of this study was to examine the effect of the policy. Meth
In this paper, the initial sample consists of all Chinese A-share listed companies from 2014 to 2022. This time range is chosen primarily to ensure an adequate number of observations for four years be
