Dongbei University of Finance and Economics

Toward fairer large language models: a divergence-reflection-convergence framework for mitigating cognitive bias

Purpose Cognitive bias in large language models (LLMs) undermines their reliability due to the practical limitations of existing mitigation methods. This study introduces a divergence-reflection-convergence (DRC) framework, which leverages a computationally efficient and inferenc...

Environmental enforcement federalism

Abstract This paper studies whether environmental enforcement powers should be assigned to central or regional authorities. We develop a two-stage model in which authorities choose inspection intensities under imperfect monitoring, then firms determine emissions and compliance be...

Does physical climate risk affect executive pay? Empirical evidence from the extreme heat weather

Purpose This study aims to examine the impact of extreme heat on executive compensation and further investigate how executives’ risk aversion moderates this relationship. Design/methodology/approach This study draws on a sample of Chinese A-share listed firms on the Shanghai and...

Integrating ESG into remanufacturing: third-party model selection aligned with consumer eco-consciousness under the carbon cap-and-trade policy

As global efforts to reduce carbon emissions intensify, manufacturers face increasing pressure to integrate environmental sustainability into their supply chain strategies. Carbon cap-and-trade policies have become an important market-based mechanism for reducing emissions while...

A system dynamics model shows how policy incentives and technological diffusion shape municipal solid waste treatment

Municipal solid waste treatment frequently suffers from structural imbalances because waste disposal institutions prioritize profit over environmental suitability. Policies are often developed in isolation, and technological diffusion is frequently overlooked in dynamic modeling....

China’s Local Debt Reform for Fiscal Sustainability: Cost Reduction Effect and Allocative Boundary

State Council Document No. 43 and the revised Budget Law legally disclaimed Chinese local governments’ responsibility for the debts of the enterprises they own. Across 22,233 firm-year observations on 1686 listed firms from 2009 to 2023, the effective cost of debt of local state-...

The dual impact of technostress on social networking services users' lurking intention: a post-adoption regret perspective

Purpose Social networking services provide users with effective tools to connect with others and manage increasingly large social networks. However, users often face a “connectivity paradox,” where the advantages of network expansion are offset by the role stress induced by these...

Predicting faculty work engagement during China's vocational higher education reform: role stressors and collegial support as a mediating mechanism

Purpose This study examines how role stressors and collegial support influence faculty work engagement in Chinese vocational universities. It positions vocational universities as skills-oriented higher education institutions where academic work is shaped by teaching, reform, admi...

Addressing the governance dilemma of urban low value waste under misalignment

Municipal solid waste (MSW) governance has attracted growing global attention. However, low-value waste (LVW) remains a critical bottleneck undermining system-wide performance. Drawing on theories of policy–technology–management alignment and urban environmental governance, this...

Environmental sustainability in belt and road economies: quantile GMM STIRPAT evidence on the roles of trade, digitalization, renewable energy, innovation, urbanization, and human development

The stress on environmental systems of the involved economies has increased due to the fast rate of economic integration encouraged by the Belt and Road Initiative. The massive infrastructural spending, intensifying trade movement, and quickening urbanisation have simultaneously...

Counterfactual load forecasting with LLM-structured events and representation learning

News-reported social, environmental, and grid events can substantially reshape electricity demand, yet quantifying how such events perturb forecasted load trajectories remains largely unaddressed. Existing news-augmented forecasting studies use news as auxiliary features to reduc...