Results 91 to 100 of about 166,090,932 (307)

Funding Costs and Liquidity Creation: Does ESG Play Any Role?

open access: yesBusiness Strategy and the Environment, EarlyView.
ABSTRACT This study examines how banks' funding costs affect liquidity creation and whether environmental, social, and governance (ESG) performance shapes this relationship. Using panel data for 136 U.S. commercial banks from 2005 to 2022, we show that higher funding costs are associated with lower liquidity creation, indicating that more expensive ...
Sattam Bin Kowibeen   +2 more
wiley   +1 more source

Debt Financing Cost and Green Innovation: The Conditioning Role of Financing Dependence Structure in Chinese Manufacturing Firms

open access: yesInternational Journal of Management, Finance and Accounting
Debt-financing costs are generally considered to be restrictive for corporate innovation; however, their role in green innovation may be conditional rather than uniformly negative.
Hongzhuo Chen   +2 more
doaj   +1 more source

Investigating the Relationship between Ownership Structure and Debt Cost with an Emphasis on the Role of Financial Crisis [PDF]

open access: yesInternational Journal of Management, Accounting and Economics, 2017
Capital structure discusses the composition of company financing sources including short-term debts, bonds, long-term debt, preferred stock, and common stock. Some firms define no predetermined plan for capital structure; rather, the capital structure is
Mohammad Karimi   +2 more
doaj  

Do Governance Structures Drive Green Building Adoption? A Machine Learning Approach With Random Forests

open access: yesBusiness Strategy and the Environment, EarlyView.
ABSTRACT This study examines the determinants of firms' propensity to adopt green buildings in the Euro Stoxx 300 and the S&P 500 indices, during 2012–2023. Using random forest binary classifiers, we assess the relative importance of financial, sectoral, geographic, and climate governance predictors and uncover nonlinear relationships often overlooked ...
María del Carmen Valls Martínez   +3 more
wiley   +1 more source

Agency Cost of Debt and Lending Market Competition: Is there a Relationship? [PDF]

open access: yes
We address the question of how lending market competition, measured by the bargaining power of banks, affects the agency costs of debt finance. It is shown that intensified lending market competition will lead to lower lending rates and investment return
Rune Stenbacka, Erkki Koskela
core  

Impact of mandatory environmental information disclosure on the capital cost: Evidence from listed companies in China

open access: yesHeliyon
Mandatory environmental information disclosure is characterized by formal environmental regulation and that the content of the disclosure promotes public participation and oversight in the environmental field.
Lulu Tian, Yanyuan Shen, Meng Du
doaj   +1 more source

Strategic Impact of EU Taxonomy on Pharmaceutical Firms' Performance

open access: yesBusiness Strategy and the Environment, EarlyView.
ABSTRACT Sustainability has become a central concern in economic policy and corporate governance, increasingly formalised through regulatory frameworks of the European Union (EU). The European Commission has published the EU Taxonomy, which allows economic activities and their contribution to sustainability to be analysed, taking into account ...
Alicia Ramírez‐Orellana   +3 more
wiley   +1 more source

Reserve management and sovereign debt cost in a world with liquidity crises [PDF]

open access: yes
The accumulation of large amount of sovereign reserves has fuelled an intense debate on the associated costs. In a world with liquidity crises and strategic default, we model a contracting game between international lenders and a country, which delivers ...
Flavia Corneli, Emanuele Tarantino
core  

Extreme local environmental events and the cost of debt: evidence from China

open access: yesChina Accounting and Finance Review
We used difference-in-differences research design to investigate the effect of the outbreak of extreme environmental events near firms’ headquarters on the cost of debt.
Yan Jiao, Xiao Li, Xin Yang
doaj   +1 more source

Complex Firms, Controversial Outcomes: Global Evidence on ESG Failures and Remedies

open access: yesBusiness Strategy and the Environment, EarlyView.
ABSTRACT We examine whether business complexity increases firms' exposure to negative environmental, social, and governance (ESG) outcomes, specifically ESG controversies, using a global panel of firms from 37 countries over the period 2002–2021.
Abongeh A. Tunyi   +3 more
wiley   +1 more source

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