HIGHLIGHTS
SUMMARY
The above data show that financial capital is gradually replacing industrial capital as the new force dominating the U.S. economy, and corporate financialization (CF) in developed economies is irreversible. Fig 1 shows the average value of the financial assets scale and the ratio of financial assets to total assets for China`s non-financial listed companies from 2008 to 2019. The overall quality of CSR reports is low, and many enterprises` CSR reports are called "cloned social responsibility reports", in which all expressions are copied except for changes in specific events and figures . . .
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