Results 181 to 190 of about 16,673,431 (212)
Steering Sustainability: Empirical Insights Into Enhancing ESG Ratings via CSR Committees
Business Ethics, the Environment &Responsibility, EarlyView.ABSTRACT This study contributes to the ongoing discussion on the increasing importance of corporate social responsibility (CSR) committees and their characteristics in driving a stronger focus on sustainability. Using ESG and financial data from Refinitiv/Datastream, governance information from BoardEx, and country‐level indicators from Eurostat, we ...
Andrea Caccialanza +3 more
wiley +1 more source
Are natural resources a curse on the distributional consequences of financial development?
Contemporary Economic Policy, EarlyView.Abstract This paper examines how natural resource dependence shapes the distributional effects of financial development in developing economies. Using a balanced panel of 90 countries from 1995 to 2022 and dynamic panel and nonlinear threshold methods, we show that financial development reduces wealth inequality when resource dependence is low, but ...
Dong‐Hyeon Kim +2 more
wiley +1 more source
Economics of Transition and Institutional Change, EarlyView.ABSTRACT This article investigates the changes in the structure of employment in Central and Eastern European firms between 2001 and 2007, before the Global Financial Crisis and following the reforms in the labour and credit markets in these economies.
Elisabetta Magnani
wiley +1 more source
Chinese Lending and Sovereign Debt Distress in Developing Countries
Economics &Politics, EarlyView.ABSTRACT China has emerged as the world's largest bilateral creditor to developing countries, yet its effects on sovereign debt outcomes remain contested. Competing theoretical perspectives predict opposing effects: Chinese lending may increase debt vulnerability through opacity, moral hazard, and unsustainable obligations, or reduce it by providing ...
Patrick E. Shea
wiley +1 more source
European Journal of Haematology, EarlyView.ABSTRACT Light chain monoclonal gammopathy of undetermined significance (LC‐MGUS) is defined by an abnormal serum free light chain ratio and elevated involved light chain in the absence of a detectable immunoglobulin heavy chain on immunofixation and of end‐organ damage attributable to a plasma cell disorder.
Sigurður Yngvi Kristinsson +2 more
wiley +1 more source
European Financial Management, EarlyView.ABSTRACT In the face of climate change, uncertainty is deep, systemic, and does not propagate amid an institutional vacuum, contrary to assumptions often underlying existing macroeconomic climate models. The paper presents a macroeconomic Stock‐Flow Consistent model to examine the impact of climate‐related financial pressures under fundamental ...
Riccardo D'Orsi
wiley +1 more source
Global Banks and Local Rules: The Effects of Macroprudential Policy on US Bank Branch Lending
European Financial Management, EarlyView.ABSTRACT The discretionary nature of macroprudential policy implementation may stimulate regulatory arbitrage opportunities by global banks, undermining national regulators’ efforts to fine‐tune business, credit or financial cycles within the domestic perimeter. This paper examines how local macroprudential tools affect the lending behaviour of foreign
Carmela D'Avino +3 more
wiley +1 more source
Religiosity and Debt Maturity: International Evidence
Financial Review, EarlyView.ABSTRACT This paper examines the association between country‐level religiosity and corporate debt maturity. We develop competing predictions reflecting creditor‐ and borrower‐side channels through which religiosity may favor either shorter or longer maturity. Using 407,399 firm‐year observations from 56 countries and territories over 1996–2021, we find
Xingyu Chen +4 more
wiley +1 more source
Political Accountability During Crises: Evidence From 40 Years of Financial Policies
International Economic Review, EarlyView.ABSTRACT We show that politicians facing a binding term limit are more likely to engage in financial deliberalization than those facing reelection, but only in the wake of a financial crisis. In particular, they implement policies that tend to favor incumbent financial institutions over the general population, such as increasing barriers to entry in ...
Orkun Saka, Yuemei Ji, Clement Minaudier
wiley +1 more source
Heterogeneous Markups Cyclicality and Monetary Policy
International Economic Review, EarlyView.ABSTRACT This paper studies aggregate markup cyclicality through firm‐level heterogeneity, reallocation, and aggregation. Using the U.S. firm data for 1990–2016, we find that markups are procyclical for young firms and countercyclical for older firms following monetary policy shocks. Economic activity also reallocates modestly toward young firms.
Andrea Chiavari +2 more
wiley +1 more source