Journal of Business Economics and Management

Green financial policies play an important role in acceleration of China’s green transformation. Existing associated studies mainly focus on the qualitative analysis and descriptive analysis. However, it still lacks empirical studies. To explore the relationship between green finance policies and the investment and financing terms of enterprises, the effects of green financial policies on investment-financing maturity mismatch of A-share companies on Shanghai Stock Exchange and Shenzhen Stock Exchange from 2009 to 2020 were investigated in this study by a difference-in-difference (DID) model. Results demonstrate that green financial policies significantly alleviate short-term loans used as long-term investment in enterprises. Green financial policies inhibit investment-financing maturity mismatch of enterprises by increasing loan availability, lowering financing cost and increasing proportion of long-term loans of enterprises. Such effect is more obvious in enterprises with higher internal control quality and enterprises with more transparent information. Green financial policies can alleviate short-term loans used as long-term investment in non-state-owned enterprises more obviously than state-owned enterprises. Research results provide some references to alleviate debt risks of enterprises. Enterprises are recommended to seek steady development, fulfil social responsibilities and take green low-carbon social actions extensively.

The article deals with the decision-making situation whether it is more advantageous for accounting entities in Czechia to keep accounting according to Czech accounting regulations or to International Financial Reporting Standards. The preparation of financial statements only in accordance with national accounting regulations may often not be sufficient. Different ways of regulating accounting in the world put pressure on accounting harmonization. International Financial Reporting Standards are the world’s primary tools for accounting harmonization. The results of the decision analysis show that it is more advantageous for accounting entities to prepare financial statements only in accordance with national accounting regulations. The main reason for the higher utility of this option is lower costs, which is the most important criterion in the decision-making process. While accounting entities confirm that the preparation of financial statements in accordance with International Financial Reporting Standards provides higher quality and comparability of accounting information, it also provides higher costs. In the article are used methods of analysis, synthesis, comparison and a selected method of multi-criteria decision making.

The institutional theory literature focuses on the legitimization of new ventures’ innovative behaviors, while the entrepreneurial orientation literature emphasizes differentiation of the pursuit of innovation by new ventures. We apply the optimal distinctiveness perspective to examine how the institutional environment and entrepreneurial orientation jointly influence two modes of innovation – innovation generation and innovation adoption – in new ventures. We employ fuzzy-set qualitative comparative analysis (fsQCA) based on country-level data obtained from the Global Entrepreneurship Monitor (GEM) project. Our findings reveal that there are five equifinal optima of distinctiveness rather than a one-size-fits-all optimal distinctiveness for high innovation generation and high innovation adoption, respectively. Moreover, the orchestrating mechanisms of the two modes of innovation are different: that of innovation generation is threshold orchestration and that of innovation adoption is compensatory orchestration. Furthermore, except for the difference, we also identify something similar shared by mechanisms of innovation generation and innovation adoption. These results extend the optimal distinctiveness theory by empirically verifying equifinality in optimal distinctiveness and articulating different practices of threshold orchestration and compensatory orchestration, and also contribute to the innovation literature by examining the differences and similarities of the mechanisms of innovation generation and innovation adoption.

Social media networks are a technological phenomenon that has changed the entire social environment, as many real-world activities have shifted to posts or comments on social media. However, with this development several negative aspects have been revealed, such as information overload, privacy concerns and fake news. The aim of our research is to determine the impact fake news has on social media fatigue and discontinuous behavior and whether the willingness to pay to avoid fake news impacts this relationship. The results of two mediation models show that fake news positively affects social media fatigue, but there is no direct effect on the discontinuous use of social media. However, social media fatigue partly mediates the relationship between the awareness of fake news existence and discontinuous behavior. Furthermore, social media fatigue increases the willingness to pay for quality content, but contrary to our expectations, it does not reduce discontinuous behavior. This shows that the fake news phenomenon is far more complex, with other factors affecting it. Furthermore, imposing a price to avoid fake news is not a solution as users do not necessarily see value in this, but prefer to avoid social media so as not to have to deal with social media fatigue.

Human activities have an increasingly serious impact on our natural surroundings. Hence, cutting-edge sustainable technologies are essential for both governmental agencies and the corporate sector as a pivotal means to safeguard the environment. This study aims to shed light on the function that corporate social responsibility (CSR) plays in enterprises by examining the relationship between green credit policy (GCP) and green innovation (GI). This research examines a total of 5,819 panels of Chinese listed businesses’ data spanning from 2009 to 2021. The differences-in-differences (DID) model was used to assess hypotheses. The empirical results suggest that GCP has facilitated the adoption of GI by firms. GI in heavily polluting firms was elevated by 15% relative to the control group. The presence of CSR serves as a mediating and moderating factor in the relationship between GCP and the implementation of GI initiatives within firms. Lastly, based on the empirical results, relevant suggestions for optimizing GCP are proposed to achieve better environmental protection results.