This study examines the relationship between CEO compensation schemes and ESG greenwashing behavior in Chinese listed firms during the period 2013–2022. We find that a CEO’s cash (equity) compensation has a significantly positive (negative) correlation with corporate ESG greenwashing behavior. From mechanism analysis, consistent with the agency problem view, firms engage in more severe ESG greenwashing behavior under a higher proportion of cash in the CEO compensation structure. Such distortion behavior is mitigated by higher internal control quality in firms having an equity incentive for their CEO under the convergence of interest viewpoint. Additional analysis reveals that corporates audited by large accounting firms and those with more media coverage exacerbate the positive correlation between CEO cash compensation and ESG greenwashing behavior, while government environmental regulations reinforce the inhibitory effect of CEO equity compensation on ESG greenwashing. Our results imply that different CEO compensation schemes can have opposite effects on limiting firms’ ESG greenwashing behavior in the Chinese context. Furthermore, we highlight that the question of form over substance principle to certain external governance mechanisms, leading CEO to exacerbate impression management of ESG disclosure.

In this paper, we use the multi-stage network slacks-based measure model under uncertainty to evaluate the performance of Taiwanese financial holding companies (FHCs) from 2007 to 2012. We conceptualize the value creation process to be a two-stage framework, as the profitability and the marketability stages with a serial-linkage relationship, in order to solicit more information from the value creation process of FHCs. Under this framework, the profitability stage can be further divided into banking, insurance, and securities profitability sub-stages. In addition, we further extend the proposed model mentioned above to not only incorporate the NPLs as the undesirable output in the banking profitability stage but also use the fuzzy set approach to process its uncertainty. Results indicate that the discriminatory ability of our model is higher when we simplify the variables in the model specification. We also find that all Taiwanese FHCs in that particular period were “inefficient performers”, which is mainly attributed to the weak profitability performance, especially in banking service. We postulate that the global financial crisis, the US subprime crisis in particular, had a negative effect on the value creation performance of Taiwanese FHCs; however, they gradually recovered and improved their performance after the crisis.

The purpose of this study is to explore the factors that influence foreign language teachers’ intention to use (IU) the online platform by integrating Technology Acceptance Model (TAM) and Task Technology Fit (TTF). A sample of 358 foreign language teachers from Chinese universities were selected by distributing a questionnaire and the research hypotheses were tested by multiple regression analysis. The results showed that perceived usefulness (PU), perceived ease of use (PEOU) and TTF all significantly influenced teachers’ IU the online platform. What's more, TTF was an important mediator for teachers’ intention to utilize the virtual platform. In addition, we found the specific region and specialized foreign language also play a role in the teachers’ intention of using the technology. The results of our study helps to facilitate regional higher education development and to informalize foreign language education policies in Chinese universities.