PONE-D-24-06837Does managerial myopia promote enterprises over-financialization? Evidence from listed firms in ChinaPLOS ONE

Dear Dr. Ye,

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Academic Editor

PLOS ONE

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Reviewers' comments:

Reviewer's Responses to Questions

Comments to the Author

1. Is the manuscript technically sound, and do the data support the conclusions?

The manuscript must describe a technically sound piece of scientific research with data that supports the conclusions. Experiments must have been conducted rigorously, with appropriate controls, replication, and sample sizes. The conclusions must be drawn appropriately based on the data presented.

Reviewer #1: Yes

Reviewer #2: Yes

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2. Has the statistical analysis been performed appropriately and rigorously?

Reviewer #1: Yes

Reviewer #2: Yes

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3. Have the authors made all data underlying the findings in their manuscript fully available?

The PLOS Data policy requires authors to make all data underlying the findings described in their manuscript fully available without restriction, with rare exception (please refer to the Data Availability Statement in the manuscript PDF file). The data should be provided as part of the manuscript or its supporting information, or deposited to a public repository. For example, in addition to summary statistics, the data points behind means, medians and variance measures should be available. If there are restrictions on publicly sharing data—e.g. participant privacy or use of data from a third party—those must be specified.

Reviewer #1: Yes

Reviewer #2: Yes

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4. Is the manuscript presented in an intelligible fashion and written in standard English?

PLOS ONE does not copyedit accepted manuscripts, so the language in submitted articles must be clear, correct, and unambiguous. Any typographical or grammatical errors should be corrected at revision, so please note any specific errors here.

Reviewer #1: Yes

Reviewer #2: Yes

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5. Review Comments to the Author

Please use the space provided to explain your answers to the questions above. You may also include additional comments for the author, including concerns about dual publication, research ethics, or publication ethics. (Please upload your review as an attachment if it exceeds 20,000 characters)

Reviewer #1: This paper investigates whether managerial myopia promotes over-financialization in enterprises. The theme of this paper is interesting. However, it needs to be amended from the following points to meet the requirements of publication.

1. Literature review section needs optimization, lacks research on the impact of managerial myopia on over-financialization in enterprises.

2.It is suggested to summarize the contribution of the article and placed it in the first part.

3. Please read the entire article carefully and correct some details. For example, the fonts in Table 4 are not consistent.

4. The logical hierarchy of the article's structure is somewhat redundant and needs adjustment. Both the literature review in the second section and the research methodology in the third section provide definitions of "managerial myopia" and "over-financialization in enterprises." It is suggested to consolidate and optimize these definitions.

5. The robustness check section lacks textual description, failing to elucidate how the results of the robustness check specifically contribute.

6. Other papers related to green low-carbon endogenous economic growth can refer to:

Yueh-Hsia Huang, Lan Sun, Tyng-Bin Ger. An analysis of enterprise resource planning systems and key determinants using the Delphi method and an analytic hierarchy process[J]. Data Science in Finance and Economics, 2023, 3(2): 166-183. doi: 10.3934/DSFE.2023010

Li, Z., Chen, H., & Mo, B. (2023). Can digital finance promote urban innovation? Evidence from China. Borsa Istanbul Review, 23(2), 285-296. doi:10.1016/j.bir.2022.10.006

Yonghong Zhong, Junhao Zhong. The spread of debt risk from real estate companies to banks: Evidence from China[J]. Quantitative Finance and Economics, 2023, 7(3): 371-390. doi: 10.3934/QFE.2023018

Reviewer #2: This topic deals with an interesting issue related to the assessment of the Research on the Does managerial myopia promote enterprises over-financialization? Evidence from listed firms in China: the comments are as follows

1.The authors should provide a clear explanation of the study's scope and objectives, substantiated by relevant studies. Additionally, the literature review appears weak and lacks cohesion.

2.The measurement methods should be justified and compared to other methods to explain why this specific method was chosen.

3.The author should also justify the choice of statistical methods, sample size, and the application of the chosen tests to ensure their validity and correctness.

4.The author(s) should explain whether the study is in line with prior studies or not, also whether it supports any theories.

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Reviewer #1: No

Reviewer #2: No

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Does managerial myopia promote enterprises over-financialization? Evidence from listed firms in China

PONE-D-24-06837R1

Dear Dr. Ye,

We’re pleased to inform you that your manuscript has been judged scientifically suitable for publication and will be formally accepted for publication once it meets all outstanding technical requirements.

Within one week, you’ll receive an e-mail detailing the required amendments. When these have been addressed, you’ll receive a formal acceptance letter and your manuscript will be scheduled for publication.

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Kind regards,

Wajid Khan

Academic Editor

PLOS ONE

Additional Editor Comments (optional):

Reviewers' comments:

Reviewer's Responses to Questions

Comments to the Author

1. If the authors have adequately addressed your comments raised in a previous round of review and you feel that this manuscript is now acceptable for publication, you may indicate that here to bypass the “Comments to the Author” section, enter your conflict of interest statement in the “Confidential to Editor” section, and submit your "Accept" recommendation.

Reviewer #2: All comments have been addressed

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2. Is the manuscript technically sound, and do the data support the conclusions?

The manuscript must describe a technically sound piece of scientific research with data that supports the conclusions. Experiments must have been conducted rigorously, with appropriate controls, replication, and sample sizes. The conclusions must be drawn appropriately based on the data presented.

Reviewer #2: Yes

**********

3. Has the statistical analysis been performed appropriately and rigorously?

Reviewer #2: Yes

**********

4. Have the authors made all data underlying the findings in their manuscript fully available?

The PLOS Data policy requires authors to make all data underlying the findings described in their manuscript fully available without restriction, with rare exception (please refer to the Data Availability Statement in the manuscript PDF file). The data should be provided as part of the manuscript or its supporting information, or deposited to a public repository. For example, in addition to summary statistics, the data points behind means, medians and variance measures should be available. If there are restrictions on publicly sharing data—e.g. participant privacy or use of data from a third party—those must be specified.

Reviewer #2: Yes

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5. Is the manuscript presented in an intelligible fashion and written in standard English?

PLOS ONE does not copyedit accepted manuscripts, so the language in submitted articles must be clear, correct, and unambiguous. Any typographical or grammatical errors should be corrected at revision, so please note any specific errors here.

Reviewer #2: Yes

**********

6. Review Comments to the Author

Please use the space provided to explain your answers to the questions above. You may also include additional comments for the author, including concerns about dual publication, research ethics, or publication ethics. (Please upload your review as an attachment if it exceeds 20,000 characters)

Reviewer #2: (No Response)

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7. PLOS authors have the option to publish the peer review history of their article (what does this mean?). If published, this will include your full peer review and any attached files.

If you choose “no”, your identity will remain anonymous but your review may still be made public.

Do you want your identity to be public for this peer review? For information about this choice, including consent withdrawal, please see our Privacy Policy.

Reviewer #2: No

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