Capital flight for family? Exploring the moderating effects of social connections on capital outflow of family business

Wu, Bao; Wang, Qi; Fang, Chevy-Hanqing; Tsai, Fu-Sheng; Xia, Yuanze

doi:10.1016/j.intfin.2021.101491

Cited by 31 publications

(29 citation statements)

References 84 publications

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“…As a result, rate of growth is badly affected. Thus, renewable energy eliminates low levels of CO 2 within the environment and helps solve global climate change environmental issues [ 56 , 57 ].…”

Section: Resultsmentioning

confidence: 99%

The helix of CO2, household income, and oil pricing under the assumption of Keynesian consumption function: A policy-mix scenario of oil-importing South Asia for SDGs-2030

Chen

Farooq

et al. 2022

PLoS ONE

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The purpose of this study is to explore energy prices and their impact on household consumption under the condition of Keynesian consumption theory in South Asian countries over the 1995–2020 periods. By employing the panel ordinary least square model estimation technique, the study attempted to find the relationship between household income and consumption under the theory of Keynesian consumption function. Furthermore, we investigated the relationship between household consumption and environmental sustainability, policy mix variables, and energy pricing. First of all, this study confirms the existence of Keynesian consumption theory in these economies of South Asia. Furthermore, energy pricing, environmental sustainability, and inflation rate are the factors that inducing toward high household consumption in South Asia. Considering the policy mix factors, inflation rate contribution positively while tax rate inducing this consumer for low household consumption. Based on the empirical analysis, this study suggested some parameters to these Asian economies particularly and other similar economies generally.

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Section: Resultsmentioning

confidence: 99%

The helix of CO2, household income, and oil pricing under the assumption of Keynesian consumption function: A policy-mix scenario of oil-importing South Asia for SDGs-2030

Chen

Farooq

et al. 2022

PLoS ONE

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“…Meanwhile, this will require that elderly people improve their knowledge about smartphones and their applications. It's never too late to start learning something new, even in the late period of life ( 59 , 114 ). This improved digital literacy will allow older people to more easily access intelligent care resources.…”

Section: Discussionmentioning

confidence: 99%

Smartphone Use, Technology Affordance for Healthcare and Elders' Life Satisfaction

Jin

Zhao

et al. 2022

Front. Public Health

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Previous studies have examined how smartphones influence the life satisfaction of the elderly, but the existence of conflicting conclusions suggests the existence of a “black box”. In this study, using a survey from 941 elders, we examine whether smartphone use can improve life satisfaction of the elders by inducing emotional affordance offered by social networking Apps and functional affordance offered by healthcare system Apps. It is found that both emotional affordance and functional affordance acted as intermediating variables between the use of smartphone and elders' life satisfaction. In addition, it is founded that living arrangement with adult children moderates the positive impact of smartphone use on functional affordance, but there was no such moderating effect on emotional affordance. This study offers insights about how digital healthcare innovation will be applied to increase well-being of elders by applying framework of selective optimization with compensation.

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“…According to Klapper et al (2013) , financial literacy helps to participate in financial markets actively and set the proper plan for borrowing. It establishes the pattern for financial saving ( Morgan and Trinh, 2019 ), higher voluntary saving ( Landerretche and Martínez, 2011 ; Wu et al, 2022b ), and proper financial divergence ( El-Dairi and House, 2019 ; Wu et al, 2022a ). Based on the data collected by Morgan and Trinh (2019) from China’s provinces, he designed a theoretical model of executive financial literacy promoting corporate innovation that executive financial literacy can significantly improve corporate innovation, after controlling the variables of individual and enterprise.…”

Section: Theoretical Frameworkmentioning

confidence: 98%

New Schemes for Investment in of Small and Medium-Sized Enterprises of China: Role of Access to Finance, Innovation, and Sustainability

Tang

2022

Front. Psychol.

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Firm innovation relies heavily on financing, which is why it is a hot topic in the fields of finance and innovation management. Organizations can make strategic investments in production factors to develop competitive advantages because they have access to financial resources. This study investigated how financial literacy, innovativeness, and environmental sustainability influence the sustainability of small and medium-sized enterprises (SMEs). This was set as the primary objective in order to better understand the nature of the impact of financial literacy and innovation on the sustainability of SME firms. To test the hypotheses, structural equation modeling (SEM) was applied using data collected from 300 small businesses firms in China. The results revealed that financial literacy and innovativeness significantly influence small firms’ sustainability. Additionally, social inclusion significantly affects small firms’ sustainability, and sequentially has a significant effect on their performance. Research findings suggested that small businesses incorporate sustainability models into their operations and enhance financial knowledge in order to maintain sustainability.

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Capital flight for family? Exploring the moderating effects of social connections on capital outflow of family business

Cited by 31 publications

References 84 publications

The helix of CO2, household income, and oil pricing under the assumption of Keynesian consumption function: A policy-mix scenario of oil-importing South Asia for SDGs-2030

The helix of CO2, household income, and oil pricing under the assumption of Keynesian consumption function: A policy-mix scenario of oil-importing South Asia for SDGs-2030

Smartphone Use, Technology Affordance for Healthcare and Elders' Life Satisfaction

New Schemes for Investment in of Small and Medium-Sized Enterprises of China: Role of Access to Finance, Innovation, and Sustainability

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