This paper focuses on firms in which insiders pledge their shares as collateral for loans. By investigating a natural experiment-China's enactment of provisions on share reductions that restrict pledge creditors' cashing-out behavior-we find that pledging firms exhibited more conservative financial reporting after the implementation than non-pledging firms. This effect was pronounced in firms with a higher ratio of pledged shares, a longer maturation period of the pledged shares, and more concentrated pledge creditors.
View Article and Find Full Text PDFBackground: Clinical internships are a critical transition period for nursing students to develop into nursing professionals and are essential for the solidification of their professional attitudes. Undergraduate nursing students face multiple sources of severe anxiety that affect their nursing career development during this period. This study aimed to understand the anxiety experienced by undergraduate nursing students in the later period of their internship periods in a Chinese educational context.
View Article and Find Full Text PDFAscorbic acid (AA) is very important for maintaining the normal physiological processes of the organism. In order to overcome the shortcomings of existing methods, such as lower sensitivity, complex operations and expensive instruments, it is urgent to develop a simple and rapid method for the determination of AA in the field of food and pharmaceutical preparations. Conjugated polymer nanoparticles (CPNs) have lately aroused wide concerns because of excellent optical properties, biocompatibility and stability.
View Article and Find Full Text PDFAdding melamine as additives in food products will lead to many diseases and even death. However, the present techniques of melamine detection require time-consuming steps, complicated procedures and expensive analytical apparatus. The fluorescent assay method was facile and highly sensitive.
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