Climate Change Risks and Customer Concentration: Evidence From US‐Listed Firms
ABSTRACT While prior studies have investigated climate risks in supply chains, customer ESG pressures, and shared climate exposure, this paper is, to the best of our knowledge, the first to provide direct empirical evidence on the relationship between climate change risks and firms' customer concentration.
Thi Thuy Trang Nguyen +2 more
wiley +1 more source
Debt Sustainability in the Context of Population Ageing: A Risk Management Approach
The ageing of the population has negative effects on the gross domestic product (GDP), influencing various economic and social aspects. These effects, in turn, contribute to an increase in the debt-to-GDP ratio, raising concerns about the long-term ...
Samantha Ajovalasit +2 more
doaj +1 more source
ESG Performance, Debt Financing, and R&D Output: Evidence From the Healthcare Sector
ABSTRACT Amid growing calls for sustainability in the healthcare sector, this study examines how and under what conditions environmental, social, and governance (ESG) performance influences research and development (R&D) output. Although existing studies suggest that ESG performance enhances R&D output, the financial mechanisms that enable or constrain
Sarmad Ali +2 more
wiley +1 more source
Escape from the USA: Government debt-to-GDP ratio, country tax competitiveness, and US-OECD cross-border M&As [PDF]
Statutory tax rates of a country do not reflect a country’s true tax competitiveness, we propose and show that government debt to GDP ratio (GOVDEBT) of a country is a better proxy for its tax competitiveness. Using a comprehensive sample of 1,884 completed cross-border acquisition transactions from the U.S. to other OECD countries, we document that
Gan, Ying, Qiu, B
openaire +2 more sources
Spending and Growth: A Modified Debt to GDP Dynamic Model [PDF]
The paper addresses a topical issue – how expansionary fiscal policy affects the debt to GDP ratio. It examines whether the projected future economic growth (stimulated by government spending) is sustained with the resulting national debt.
Yanushevsky, Camilla +1 more
core +1 more source
ESG Assurance and Dividends: Evidence From 18 Countries in Africa
ABSTRACT This study examines the impact of environmental, social and governance (ESG) assurance on a firm's dividend payout policies within the unique African context. Using a staggered difference‐in‐differences (DiD) model, this study examines how voluntary third‐party assurance of ESG reports influences firms' dividend payout policies compared to ...
Samuel Karanja Kogi, June Cao
wiley +1 more source
Sustainability of public debt: Some theoretical considerations [PDF]
This paper elaborates on the relationship between sustainability of public debt and the debt to GDP ratio in case the interest rate on public debt exceeds the growth rate of GDP. When the primary surplus relative to GDP positively reacts to a higher debt
Alfred Greiner
core
ABSTRACT The aim of this research is to verify whether institutional quality affects the relationship between green innovation and firm efficiency within the high‐tech manufacturing sectors. To estimate jointly the parameters of a stochastic frontier and the coefficients of a model explaining technical inefficiency, we employed the one‐step estimation ...
Mariarosaria Agostino +2 more
wiley +1 more source
Assessing Fiscal Sustainability in Ukraine: TVP and VAR/VEC Approaches
Objective: The purpose of this article is to investigate fiscal sustainability in Ukraine, using quarterly data sample for the period between 2000 and 2016, in accordance with a recursive algorithm derived from the law of motion of the debt-to-GDP ratio ...
Victor Shevchuk, Roman Kopych
doaj +1 more source
The impact of high and growing government debt on economic growth: an empirical investigation for the euro area [PDF]
This paper investigates the average impact of government debt on per-capita GDP growth in twelve euro area countries over a period of about 40 years starting in 1970.
Checherita-Westphal, Cristina +1 more
core

