Results 171 to 180 of about 14,996 (335)
ABSTRACT Focusing on firm‐size heterogeneity, this study examines how institutional reform reshapes the effects of environmental, social, and governance (ESG) disclosure on firm value. Using 2019–2023 panel data on 1427 Japanese listed firms (before and after the 2022 Tokyo Stock Exchange reorganization and Corporate Governance Code revision), this ...
Akio Nakashima, Kimitaka Nishitani
wiley +1 more source
Consequences of gender inequality on economic development: an empirical approach for OECD countries
This paper aims to explain how to use the generalized method of moments (GMM) analysis technique to estimate the relationship between the gender wage gap and economic development for unbalanced panel data for OECD countries during the period 2011–2021 ...
Qusai Talafha +3 more
doaj +1 more source
ABSTRACT Despite the global emphasis on simultaneous achievement of higher growth and lower pollution (green growth), the dynamic link between eco‐innovation and CO2 emissions remains inadequately understood globally and specifically in Africa, with a complex and diverse institutional and regulatory landscape.
Idorenyin J. Okon +2 more
wiley +1 more source
The weak instrument problem of the system GMM estimator in dynamic panel data models [PDF]
The system GMM estimator for dynamic panel data models combines moment conditions for the model in first differences with moment conditions for the model in levels. It has been shown to improve on the GMM estimator in the first differenced model in terms
Frank Windmeijer, Maurice Bun
core
ABSTRACT Sustainable governance depends on the joint functioning of institutional quality, fiscal discipline, environmental performance, and socioeconomic inclusion. However, many composite indicators rely on subjective weighting schemes and leave the structural role of governance underspecified.
Ömer Faruk Rençber +3 more
wiley +1 more source
Poverty remains a persistent structural problem in Indonesia, particularly in provinces with weak economic structures and high dependence on low-productivity sectors, where economic growth has not always translated into equitable welfare improvements. This study aims to examine the effect of Gross Regional Domestic Product (GRDP), Farmer Exchange Rate (
Heliyana Fitriani, Asih Murwiati
openaire +1 more source
Small Sample Bias Propreties of the System GMM Estimator in Dynamic Panel Data Models [PDF]
This paper examines analytically and experimentally why the system GMM estimator in dynamic panel data models is less biased than the first differencing or the level estimators even though the former uses more instruments.
Kazuhiko Hayakawa
core
ABSTRACT This study examines the drivers of biodiversity disclosure and the interplay between firm strategies and national institutions in shaping transparency. Using a global panel of 4703 firms across 40 economies from 2013 to 2022, we integrate differentiation, signalling and institutional perspectives to explain variation in reporting behaviour ...
Chi Chen +2 more
wiley +1 more source
The multi-fractal model of asset returns : its estimation via GMM and its use for volatility forecasting [PDF]
Multi-fractal processes have been proposed as a new formalism for modeling the time series of returns in finance. The major attraction of these processes is their ability to generate various degrees of long memory in different powers of returns - a ...
Lux, Thomas
core
ABSTRACT We examine the effect of chief executive officers' (CEOs') career horizons on environmental, social, and governance (ESG) performance and investigate how hard cues influence this performance effect. Our study offers a new perspective of CEO career horizon as a mechanism that enables firms to improve their ESG performance when occupying a ...
Sofia Angelidou +2 more
wiley +1 more source

