Carbon Pricing versus Green Finance
The Journal of Finance, Volume 81, Issue 2, Page 561-602, April 2026.ABSTRACT Green finance—including environmental, social, and governance investing and sustainable finance regulations—is widespread, but can it substitute for carbon pricing in fighting climate change? In a unified model, I show that (i) when carbon prices reflect the social cost of carbon, green finance should not be used; (ii) when carbon prices are ...
LASSE HEJE PEDERSEN
wiley +1 more source
CO2 abatement, competitiveness and leakage in the European cement industry under the EU ETS: Grandfathering vs. output-based allocation [PDF]
A recurrent concern raised by the European GHG Emissions Trading System (ETS) is the fear of EU industry competitiveness loss: a loss in domestic production and a loss in profits.
Damien Demailly, Philippe Quirion
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Corporate Social Responsibility and Likelihood of Financial Distress [PDF]
, 2019 Does doing good to society make firms less likely to have financial trouble? This paper looks at the benefit of corporate social responsibility (CSR) and examines whether firms’ CSR engagement affects their chance of falling into financial distress ...
Jiang, Crystal, Wang, Yong, Zheng, Ying
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VALUATION OF TARGET FIRMS ACQUIRED IN THE FOOD SECTOR DURING THE 1996-2001 WAVE [PDF]
The paper studies valuation ratios of food companies that were part of mergers & acquisitions (M&A) involving at least one French company during the 1996-2001 period. Results converge to value the food company 1.1 to 1.4 times its turnover.
Declerck, Francis
core +1 more source
The Evolution of Buyout Pricing and Financial Structure [PDF]
This paper presents evidence on systematic changes in the pricing and financial structure of 124 large management buyouts completed between 1980 and 1989.
Jeremy C. Stein, Steven N. Kaplan
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Cost-Benefit Analysis of the Large Hadron Collider to 2025 and beyond
, 2015 Social cost-benefit analysis (CBA) of projects has been successfully applied in different fields such as transport, energy, health, education, and environment, including climate change.
Florio, Massimo +2 more
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Private Equity Purchases of Retina Practices: Their Focus on Profit Is a Threat to Healthcare. [PDF]
J Vitreoretin Dis, 2023 Thompson JT.
europepmc +1 more source
Producing abroad while making profits at home:Veneto footwear and clothing industry [PDF]
Over the last twenty years globalisation has brought about a sharp increase in the real and financial integration of the worldwide economy. In this closely knit context, the outsourcing of some of the productive and trade activities abroad has become one
Carlo Gianelle, Giuseppe Tattara
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Does Good Corporate Governance Lead to Stronger Productivity Growth? [PDF]
This study investigates the impact of corporate governance and product market competition on total factor productivity growth in Germany and the UK.For Germany, the prototype of a bank-based governance system, productivity grows faster in firms ...
Koeke, J., Renneboog, L.D.R.
core +1 more source
Capital Structure with Risky Foreign Investment [PDF]
American multinational firms respond to politically risky environments by adjusting their capital structures abroad and at home. Foreign subsidiaries located in politically risky countries have significantly more debt than do other foreign affiliates of ...
C. Fritz Foley +2 more
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