ESG Uncertainty in Supply Chains: How Rating Divergence Shapes Buyer–Supplier Trade Credit
Business Strategy and the Environment, EarlyView.ABSTRACT Uncertainty in environmental, social, and governance (ESG) ratings has raised concerns about the reliability of sustainability evaluations and their consequences for interfirm relationships. Although prior research has highlighted firm‐level financial outcomes of ESG rating divergence, little is known about its implications for buyer–supplier ...
Liukai Wang, Na A., Yu Gong, Steve Brown
wiley +1 more source
A dynamic receptive field and improved feature fusion approach for federated learning in financial credit risk assessment. [PDF]
Sci RepLi R +8 more
europepmc +1 more source
Climate Stress Testing on European SME Securitised Loans Under Climate Mitigation Scenarios
Business Strategy and the Environment, EarlyView.ABSTRACT Assessing the future impact of climate risks on the probability of default (PD) of small and medium enterprises (SMEs) is challenging due to limited disclosure, policy uncertainty and exposure to physical risks. This paper addresses this gap by integrating macroeconomic variables from the Network for Greening the Financial System (NGFS ...
Luca Zanin, Raffaella Calabrese
wiley +1 more source
DebtStreamness: an ecological approach to credit flows in interfirm networks. [PDF]
PNAS NexusRodríguez-Martínez A +5 more
europepmc +1 more source
Business Strategy and the Environment, EarlyView.ABSTRACT Financial capital is widely recognized as having the potential to provide investments needed for net‐zero transitions. While recent empirical studies reveal that financial digitalization and fintech have changed Chinese banks' loan portfolios and business models, they stem from credit restrictions on heavily polluting enterprises and from ...
Akihisa Mori
wiley +1 more source
Options for student loan repayment matter. [PDF]
Proc Natl Acad Sci U S AAbraham KG.
europepmc +1 more source
Asset Redeployability and Biodiversity Risk
Business Strategy and the Environment, EarlyView.ABSTRACT We examine how asset redeployability influences a firm's exposure to biodiversity risk. Our empirical analysis provides robust evidence that firms possessing greater levels of redeployable assets exhibit significantly lower biodiversity risk.
Mostafa Monzur Hasan +2 more
wiley +1 more source
Enhancing transparency and fairness in automated credit decisions: an explainable novel hybrid machine learning approach. [PDF]
Sci RepNwafor CN, Nwafor O, Brahma S.
europepmc +1 more source
Toward a Greener Future: How and When Blockchain and Digitization Drive Green Finance
Business Strategy and the Environment, EarlyView.ABSTRACT The COVID‐19 pandemic has significantly affected small‐ and medium‐sized enterprises (SMEs) and poses challenges in acquiring financing. Growing green investments require transformative infrastructure and innovative green financing solutions. Blockchain technology is ideal for delivering green environmental information because it provides real‐
Sikandar Rahman +7 more
wiley +1 more source
Neyman-Pearson Multi-class Classification via Cost-sensitive Learning. [PDF]
J Am Stat AssocTian Y, Feng Y.
europepmc +1 more source