Earnings, Unemployment, and Housing: Evidence from a Panel of British Regions [PDF]
This paper models regional earnings and unemployment in the ten regions of Great Britain between 1972 and 1995, paying particular attention to their interaction and to the important influence of the housing market. In contrast to Blanchard and Katz (1992,
John Muellbauer
core
Corporate Management of Environmental, Social, and Governance Ratings and Rating Divergence
Business Strategy and the Environment, EarlyView.ABSTRACT As environmental, social, and governance (ESG) ratings increasingly influence investment and corporate decision‐making, companies face growing pressure to manage their ESG performance strategically. This study examines how firms navigate the fragmented ESG rating landscape marked by significant agency divergence. Based on a multiple‐case study
Selina Hauch
wiley +1 more source
On the Persistence of Income Shocks over the Life Cycle: Evidence, Theory, and Implications,Second Version [PDF]
How does the persistence of earnings change over the life cycle? Do workers at different ages face the same variance of idiosyncratic shocks? This paper proposes a novel specification for residual earnings that allows for an age profile in the ...
Fatih Karahan, Serdar Ozkan
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Turning Mental Models Around: Boundary Objects as Enablers of Sustainable Business Model Innovation
Business Strategy and the Environment, EarlyView.ABSTRACT Organizations increasingly innovate their business models (BMs) toward sustainability to maintain competitiveness and comply with regulations. Sustainable business model innovation (SBMI) requires decision‐makers to identify ecological and social opportunities while balancing economic goals.
Laura Hartung‐Geyer +2 more
wiley +1 more source
The Implications of Retained and Distributed Earnings for Future Profitability and Market Mispricing [PDF]
In this paper, we investigate the informational content of retained and distributed earnings for future profitability and market mispricing. We find that investors act as if the components of retained earnings (current operating accruals, non current ...
Dimitrios D. Thomakos +2 more
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Pengaruh Book-tax Differences, Volatilitas Arus Kas, Volatilitas Penjualan, Besaran Akrual, dan Tingkat Utang terhadap Persistensi Laba (Studi Empiris pada Perusahaan Aneka Industri yang Terdaftar di Bei Tahun 2010-2014) [PDF]
, 2016 This research is aimed to examine and find out evidence of the influence of (1) book-tax differences,(2) cash flow volatility, (3) sales volatility, (4) magnitude of accrual, and (5) leverage on earnings persistence.
Hariadi, H. (Hariadi) +2 more
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Reputational Risk: An Investigation Into How Environmental Failures Drive Stock Price Crashes
Business Strategy and the Environment, EarlyView.ABSTRACT The study examines the relationship between stock price crashes and firm environment reputational risk. Using a large sample of US listed firms, covering a time span from 2007 to 2021, we test the effect of environmental reputation risk on three measures for the stock price crash risk (NEGCSK, DRUV, and CRASH).
Man Dang +4 more
wiley +1 more source
Business Strategy and the Environment, EarlyView.ABSTRACT This paper examines the association between environmental, social, and governance (ESG) ratings and firm performance, taking into account the role of firms' strategic investments in research and development (R&D) and advertising. Drawing on resource‐based view and signalling theory perspectives and employing the generalised method of moments ...
Syed Zulfiqar Ali Shah +2 more
wiley +1 more source
PENGARUH BOOK-TAX DIFFERENCES TERHADAP EARNINGS PERSISTENCE DENGAN KOMPONEN AKRUAL SEBAGAI VARIABEL MODERASI PADA PERUSAHAAN JASA DI INDONESIA [PDF]
, 2015 This study aimed to examine the effect of differences between accounting income and taxable income (Book-Tax Differences) against earnings persistence with accrual as a moderating variable component in service companies in Indonesia. Book-tax differences
ALFIARINI, Anisa, MUID , Dul
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Investor Perception of ESG in Earnings Calls
Business Strategy and the Environment, EarlyView.ABSTRACT This study examines how the communicator's role and the framing of ESG statements affect investor capital allocation in the context of earnings calls. Based on a virtual asset market experiment, the analysis identifies that the assurance and reinforcement of ESG messages have a positive effect of up to 8% on capital allocation, with especially
Felix Bachner
wiley +1 more source