Results 51 to 60 of about 320,240 (206)

Competing Institutional Logics in Corporate ESG: Evidence From Developing Countries

Business Strategy and the Environment, EarlyView.
ABSTRACT Drawing on competing institutional logics theory, we examine the institutional complexity of corporate sustainability practices in an underexplored context of developing economies. Analyzing 11,757 firm‐year observations from 19 emerging countries across Africa, Asia, Europe, and South America between 2013 and 2022, we document a U‐shaped ...
Wahyu Jatmiko, Houcem Smaoui, Nur Dhani Hendranastiti   +2 more
wiley   +1 more source

Propelling the Transition to Circular Economy: Exploring the Role of Corporate Circular Economy Performance‐Based Incentive Policy

Business Strategy and the Environment, EarlyView.
ABSTRACT This study examines the impact of executive compensation (EC) and corporate circular economy performance incentives (CCEPI) on corporate circular economy initiatives (CCEI) and corporate circular economy performance (CCEP) by integrating legitimacy theory and the resource‐based view.
Emmanuel A. Morrison, Douglas A. Adu, Danson Kimani   +2 more
wiley   +1 more source

Corporate Climate Risk and Membership of Emission Trading Schemes

Business Strategy and the Environment, EarlyView.
ABSTRACT Using a sample of 5364 firms from 65 countries, we demonstrate that membership in the scheme increases firm climate risk. Further analysis reveals that the positive impact of membership on climate risk is pronounced among firms in carbon‐intensive industries. Our findings demonstrate that continental differences and legal origin could moderate
Gbenga Adamolekun, Ammar Ahmed, Nana Abena Kwansa, Rodiat Lawal, Rilwan Sakariyahu   +4 more
wiley   +1 more source

The Impact of National Cultural Dimensions on Corporate Environmental, Social and Governance Disclosure: Evidence From Social Media Practices

Business Strategy and the Environment, EarlyView.
ABSTRACT This study intends to bridge an important research gap in the existing literature by extending academic knowledge on the relationship between national cultural dimensions and corporate environmental, social and governance (ESG) disclosure practices via social media.
Giuseppe Nicolo, Lukasz Bryl, Diana Ferullo   +2 more
wiley   +1 more source

Does National Culture Drive the Value Relevance of Nonfinancial Disclosure?

Business Strategy and the Environment, EarlyView.
ABSTRACT The aim of this paper is to investigate the association between national culture and the value relevance of nonfinancial disclosure provided by listed firms in Germany, Spain, France, and Italy from 2018 to 2023. The results of Hierarchical Linear Model regressions show that, in countries where the national culture is characterized by greater ...
Raffaela Casciello, Marco Maffei, Annamaria Zampella   +2 more
wiley   +1 more source

Analyzing the Impact of Macroeconomic Shocks on Public Debt Dynamics: An Application to the Czech Republic [PDF]

The global financial crisis and its ramification into the fiscal area have demonstrated the importance of regular assessment and monitoring of fiscal vulnerabilities, including the sustainability of sovereign debt.
Melecky, Ales, Melecky, Martin
core   +1 more source

Corporate Governance and Impact on Eco‐Efficiency: A Comparative Empirical Analysis on European Union and United States Listed Companies

Business Strategy and the Environment, EarlyView.
ABSTRACT This study investigates the governance drivers of a firm's eco‐efficiency. We measure eco‐efficiency using data envelopment analysis (DEA), emphasizing efficiency measures aimed at minimizing inputs and ensuring constant returns to scale (CRS model).
Pasquale Latella, Donato Morea, Giovanni Baldissarro, Gianpaolo Iazzolino, Stefania Veltri, Elisa Farinelli   +5 more
wiley   +1 more source

Optimal Lending Contracts and Firm Dynamics [PDF]

We develop a general model of lending in the presence of endogenous borrowing constraints. Borrowing constraints arise because borrowers face limited liability and debt repayment cannot be perfectly enforced.
Hugo Hopenhayn, Rui Albuquerque
core  

Credit Risk Assessment From a Strategic Sustainability Perspective: The Case of the Nordic Banking Sector

Business Strategy and the Environment, EarlyView.
ABSTRACT The financial sector plays an important yet ambivalent role in society's sustainability transition. Credit decisions have a substantial impact as they determine the allocation of large amounts of financial resources. This study applies the Framework for Strategic Sustainable Development as a lens to review literature and investigate practices ...
Jesko Schulte, Emma Bäckman, Vincenzo Giunta, Monica Salirwe   +3 more
wiley   +1 more source

Environmental Violation and Cost of Equity Capital—Evidence From Europe

Business Strategy and the Environment, EarlyView.
ABSTRACT We examine the association between environmental violations and the cost of equity capital. We posit that firms that breach environmental compliance introduce firm‐specific risks and, consequently, elevate the costs associated with equity capital.
Md. Borhan Uddin Bhuiyan, Yimei Man
wiley   +1 more source