Abstract Exploiting two quasi-natural experiments, we find that firms increase emissions of toxic pollution following decreases in analyst coverage. The effects are stronger for with low initial coverage, poor corporate governance, and subject to less stringent monitoring by environmental regulators. Decreases environmental-related questions raised conference calls, an increased cost institutio...

ABSTRACT This study examines how information spillovers from equity to debt markets (“equity spillovers”) affect sell-side analysts’ activities and the informativeness of their reports. To explore this relation, I compare analyst reports for firms without (private firms) with (public firms). find that, absent spillovers, analysts rely more on mandatory SEC filings fill gap private firms. additi...

Uniaxial compressive strength (UCS) is one of the most significant factors on the stability of underground excavation projects. Most of the time, this factor can be obtained by exploratory boreholes evaluation. Due to the large distance between exploratory boreholes in the majority of geotechnical projects, the application of geostatistical methods has increased as an estimator of rock mass pro...

INTRODUCTION There is a great health services disparity between urban and rural areas in China. The percentage of people who are unable to access health services due to long travel times increases. This paper takes Donghai County as the study unit to analyse areas with physician shortages and characteristics of the potential spatial accessibility of health services. We analyse how the unequal h...