Results 121 to 130 of about 2,365,855 (190)

Carbon Taxation in a Second‐Best Setting: Impacts of Sectoral Differences on Optimal Rates

open access: yesJournal of Public Economic Theory, Volume 28, Issue 5, October 2026.
ABSTRACT This paper investigates the Ramsey‐optimal fiscal and environmental policy in an economy with two differentiated final‐goods sectors: brown (pollutive) and green (zero emissions). This analysis provides new insights into the interaction between distortionary taxes and carbon taxes in both the short run and long run.
Mehrab Kiarsi, Nahid Masoudi
wiley   +1 more source

Approximation methods for piecewise deterministic Markov processes and their costs. [PDF]

open access: yesScand Actuar J, 2019
Kritzer P   +3 more
europepmc   +1 more source

Board Tenure, Sustainability Committees and CEO Duality: Evidence on ESG Performance

open access: yesBusiness Strategy &Development, Volume 9, Issue 3, September 2026.
ABSTRACT This study examines the association between board tenure, sustainability committees, CEO duality and environmental, social and governance (ESG) performance among Hong Kong‐listed firms from 2007 to 2024. Drawing on stakeholder–agency and resource dependence theories, we argue that board experience, formal sustainability governance structures ...
Yeuthong Tham, Zhiyue Sun
wiley   +1 more source

Another Look to the Price-Dividend Ratio: A Markov-Switching Approach [PDF]

open access: yes
This paper analyzes the stationarity of this ratio in the context of a Markov-switching model à la Hamilton (1989) where an asymmetric speed of adjustment is introduced.
Regúlez Castillo, Marta   +2 more
core  

Does Managerial Ability Improve Environmental Performance and Overall ESG Ratings? The Impact of the European Sustainability Reporting Mandate

open access: yesBusiness Strategy and the Environment, Volume 35, Issue 6, Page 7983-8016, September 2026.
ABSTRACT This study examines the role of managerial ability in driving environmental performance and overall environmental, social, and governance (ESG) ratings in the context of the European Union sustainability reporting regulations. Using a sample of 7242 firm‐year observations over the period 2015–2023, our results indicate a structural change in ...
Mihaela Ionașcu   +2 more
wiley   +1 more source

The U.S. Federal Deficit and Market Equity Returns

open access: yesFINANCIAL PLANNING REVIEW, Volume 9, Issue 3, September 2026.
ABSTRACT Since the U.S. dollar has been operating as a fiat currency, there has been a strong link between U.S. government deficits as a percentage of GDP and forward‐looking equity returns. As federal deficits get larger, the expected return to the market over the subsequent 10 years increases. This effect is material.
Jason D. Fink, Kristin E. Fink
wiley   +1 more source

When Do Employees Choose to Invest in Their Firms? An Empirical Examination of Factors Affecting Employees' Participation in Employee Stock Purchase Plans

open access: yesHuman Resource Management, Volume 65, Issue 5, Page 1253-1274, September/October 2026.
ABSTRACT The present study examined factors predicting employee participation in employee stock purchase plans (ESPPs). Despite the plausible benefits of ESPPs for participating employees, many employees do not participate in ESPPs even when they are eligible.
Joo Hun Han   +4 more
wiley   +1 more source

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