TABLE OF CONTENTS :
1. Punish one, teach a hundred? A study on the failure of the indirect deterrence effects of regulatory punishments
2. Failure in performance commitment and goodwill impairment: evidence from M&As
3. Top executives’ school-tie connections and management forecast disclosure
4. Credit mismatch and non-financial firms’ shadow banking activities —evidence based on entrusted loan activities
5. Transportation infrastructure and resource allocation of capital market: evidence from high-speed rail opening and company going public
6. Staying idle or investing in prevention: the short-term and long-term impact of cost stickiness on firm value