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Full-Text Articles in Business
Social Capital And Cost Of Debt: Evidence From Chinese Ceo Network Centrality, Yiping Chen, Yuan G. Shan, Jimin Wang, Xinxin Yang, Junru Zhang
Social Capital And Cost Of Debt: Evidence From Chinese Ceo Network Centrality, Yiping Chen, Yuan G. Shan, Jimin Wang, Xinxin Yang, Junru Zhang
Research outputs 2022 to 2026
Using a unique dataset comprising 6313 firm-year observations for Chinese listed firms between 2008 and 2017, we investigate the impact of CEO social capital on cost of debt. Our results show that CEO social capital is negatively related to cost of debt, and the impact of CEO social capital in environments with a low degree of marketization or social trust is more pronounced than in environments with a high degree of marketization or social trust. Moreover, our results reveal that two potential mechanisms, discretionary accruals and information disclosure quality, mediate the impact of CEO social capital on cost of debt.
Accessible Tourism: Tourists With Physical Disability - Segmentation Based On Perceived Travel Barriers, Changjiang Tao, Songshan Huang, Jin Wang, Guanghui Qiao
Accessible Tourism: Tourists With Physical Disability - Segmentation Based On Perceived Travel Barriers, Changjiang Tao, Songshan Huang, Jin Wang, Guanghui Qiao
Research outputs 2022 to 2026
Purpose: This study aims to explore the heterogeneity of the tourist market for people with a physical disability (PwPD) based on travel barriers, to serve them better, from a tourism marketing perspective. Design/methodology/approach: A market segmentation analysis was conducted on a sample of 480 PwPD in Sichuan Province, China, based on their perceived travel barriers. Data were obtained through three on-site and four online surveys. A four-step factor-item mixed segmentation, including factor analysis, cluster analysis, discriminant analysis and chi-square tests, was applied to examine the differences among PwPD tourist market segments in terms of various demographic characteristics, disability conditions (e.g. …
The Impact Of Holiday Tourism Development On Tourism Total Factor Productivity: Evidence From China, Panpan Sun, Songshan (Sam) Huang, Ghialy Yap
The Impact Of Holiday Tourism Development On Tourism Total Factor Productivity: Evidence From China, Panpan Sun, Songshan (Sam) Huang, Ghialy Yap
Research outputs 2022 to 2026
Tourism development during holiday periods may influence tourism total factor productivity (TTFP) in the industry. However, little is known about the impact of holiday tourism on TTFP. Focusing on China's Golden Week holiday system, this study applies dynamic panel models to test the effect of holiday tourism development on TTFP with panel data of 31 provinces in mainland China from 2001 to 2019. The study also compares the effects before and after 2008 when the Golden Week holiday system changed from three weeks to two weeks with shorter holiday breaks. Results show that holiday tourism development has a negative effect …
Understanding And Treating Suboptimal Health Status Through Tourism Engagement: An Exploratory Study Of Chinese Domestic Tourists, Jun Wen, Danni Zheng, Ian Phau
Understanding And Treating Suboptimal Health Status Through Tourism Engagement: An Exploratory Study Of Chinese Domestic Tourists, Jun Wen, Danni Zheng, Ian Phau
Research outputs 2022 to 2026
Objectives: Suboptimal health status (SHS) is a global public health concern of worldwide academic interest. The topic is popular in the medical sciences, including public health; however, other disciplines have paid little attention to this condition despite aging societies. This study introduced SHS into the tourism literature, a logical connection given the established positive correlation between well-being and tourism engagement. Lifestyle factors are crucial to SHS. Accordingly, this study examines tourists’ sociodemographic characteristics, tourism-related attributes, and lifestyle behaviors to compare individuals with SHS to those with optimal health status. Methods: Chinese tourists in Shandong Province, China who had visited Mount …