Financial frictions and stock return: A novel least minus more frictional factor for asset pricing models in emerging economies. [PDF]
PLoS OneKhan S +4 more
europepmc +1 more source
Biodiversity Reporting and Climate Policy Uncertainty
Business Strategy and the Environment, EarlyView.ABSTRACT Biodiversity plays a crucial role in green and sustainable business; however, it has received less attention than climate change. In recent times, there has been a call for greater biodiversity reporting. However, there are contrasting views on the benefits of firms' biodiversity reporting.
Sirimon Treepongkaruna +3 more
wiley +1 more source
Business Strategy and the Environment, EarlyView.ABSTRACT This study examines how sustainability performance affects the cost of debt financing in the hospitality and tourism industry and whether institutional environment quality moderates this relationship. Using a dataset of 2302 firm‐year observations from 34 countries between 2010 and 2022, the results show that sustainability performance is ...
Tantawy Moussa +4 more
wiley +1 more source
Unbalanced growth and land overvaluation. [PDF]
Proc Natl Acad Sci U S AHirano T, Toda AA.
europepmc +1 more source
Sustainability Reporting and External Assurance: Evidence From UK Listed Firms
Business Strategy and the Environment, EarlyView.ABSTRACT This paper develops and tests a model explaining why some companies obtain external assurance for their sustainability reports while others do not. Our model integrates rational choice and stakeholder theories, providing novel insights into the sustainability assurance literature.
Ibrahim A. Alkhataybeh +3 more
wiley +1 more source
The impact of prudent financial policies on the urban-rural household health expenditure disparity: evidence from China. [PDF]
Front Public HealthZou W, Dai Z, Li X.
europepmc +1 more source
A Parsimonious Macroeconomic Model for Asset Pricing: Habit Formation or Cross-sectional Heterogeneity? [PDF]
In this paper we study the asset pricing implications of a parsimonious two-agent macroeconomic model with two key features: limited participation in the stock market and heterogeneity in the elasticity of intertemporal substitution. The parameter values
M. Fatih Guvenen
core
How Knowledge and Innovation Capabilities Drive Environmental Innovation? Evidence From Global Firms
Business Strategy and the Environment, EarlyView.ABSTRACT This paper analyses the impact of knowledge and innovation capabilities on firm‐level environmental innovation in 4416 firms across 36 countries from 2013 to 2023. The findings suggest that a national output of knowledge and technology creation makes a significant contribution to environmental innovation.
Hongjie Chen +3 more
wiley +1 more source
Does green credit promote real economic development? Dual empirical evidence of scale and efficiency. [PDF]
PLoS OneJiang S, Yuan X.
europepmc +1 more source
What happened to the U.S. stock market? accounting for the past 50 years [PDF]
The extreme volatility of stock market values has been the subject of a large body of literature. Previous research focused on the short run because of a widespread belief that in the long run the market reverts to well-established fundamentals.
Adrian Peralta-Alva, Michele Boldrin
core