Genetics and Entrepreneurship: An Intergenerational Study

Scholar: Qianyu Yang

Scholarship Period: 2024 - 2027

This project explores the repercussions for firms when their negative incidents are spotlighted by the

media, specifically examining how creditors respond to adverse news regarding China’s listed companies. A

novel methodology has been developed to systematically identify and categorize such negative news,

enabling an in-depth analysis of creditor reactions. Utilizing a dataset of hand-collected news items from

the CNKI Full-text Database of Important Chinese Newspapers, the study investigates the impact of

negative news on the cost of financing for these firms across their primary financing channels, including the

bond and equity markets.