China Finance Review International: Volume 10 Issue 2

Ownership identity and corporate donations: evidence from a natural experiment in China

Chun-Keung (Stan) Hoi, Jun Xiong, Hong Zou

Taking advantage of the 2008 Sichuan Great Earthquake as a natural experiment, the purpose of this paper is to examine the motives and effects of corporate donations by focusing…

Execution costs, investability, and actual foreign investment in emerging markets

Hee-Joon Ahn, Jun Cai, Yan-Leung Cheung

This paper focuses on execution costs as liquidity measure. Execution costs are related to volatility and are an important component of a firm’s cost of capital. The purpose of…

The two best ways to derive the Black–Scholes PDE

Paul Wilmott

The purpose of this paper is to explain the Black–Scholes model with minimal technical requirements and to illustrate its impact from a business perspective.

The nonlinear characteristics of Chinese stock index futures yield volatility: Based on the high frequency data of CSI300 stock index futures

Xuebiao Wang, Xi Wang, Bo Li, Zhiqi Bai

The purpose of this paper is to consider that the model of volatility characteristics is more reasonable and the description of volatility is more explanatory.

Chinese culture, materialism and corporate supply of trade credit

Xian Chen, Jakob Arnoldi, Xin Chen

The purpose of this paper is to investigate how cultural value in materialism affects corporate supply of trade credits.

Analysis of capital structure stability of listed firms in China

Kelvin Henry Kyissima, Gong Zhang Xue, Thales Pacific Yapatake Kossele, Ahmed Ramadhan Abeid

The purpose of this paper is to analyze the corporate capital structure stability of listed firms in China during the period 1990–2013.