Results 1 to 10 of about 74,833 (42)
The Effect of Carbon Pricing on Firm Emissions: Evidence from the Swedish CO2 Tax
The Review of financial studiesSweden was one of the first countries to introduce a carbon tax back in 1991. We assemble a unique data set tracking CO2 emissions from Swedish manufacturing firms over 26 years to estimate the impact of carbon pricing on firm-level emission ...
Gustav Martinsson +3 more
semanticscholar +1 more source
Contracting Matters: Hedging Producers and Consumers With a Renewable Energy Pool
Social Science Research NetworkRenewable energy installations are rapidly gaining market share due to falling technology costs and supportive policies. Meanwhile, the energy price crisis in 2022 shifted the energy policy debate toward the question of how consumers can better benefit ...
K. Neuhoff +3 more
semanticscholar +1 more source
Asymmetric Information and Imperfect Competition in Lending Markets
The American Economic Review, 2017 We study the effects of asymmetric information and imperfect competition in the market for small business lines of credit. We estimate a structural model of credit demand, loan use, pricing, and firm default using matched firm-bank data from Italy.
Gregory S. Crawford +2 more
semanticscholar +1 more source
Non-Performing Loans: What Matters in Addition to the Economic Cycle?
Social Science Research Network, 2013 Using a novel panel data set we study the macroeconomic determinants of nonperforming loans (NPLs) across 75 countries during the past decade. According to our dynamic panel estimates, the following variables are found to significantly affect NPL ratios:
Roland Beck, P. Jakubik, Anamaria Piloiu
semanticscholar +1 more source
Rooftop Solar PV, Coal Plant Inflexibility and the Minimum Load Problem
Energy JournalAustralia’s National Electricity Market (NEM) has amongst the highest take-up rates of rooftop solar PV in the world. As with California, this has produced a distinctive load shape termed the “duck curve.” The Queensland version is being principally ...
Paul Simshauser, Phillip Wild
semanticscholar +1 more source
Rethinking Measurement of Pay Disparity and Its Relation to Firm Performance
Accounting Review, 2019 I develop measures of firm-level pay disparity and examine their relation to firm performance. Using comprehensive compensation data for a large sample of firms, I find no statistically significant relation between the ratio of CEO-to-mean employee ...
Ethan Rouen
semanticscholar +1 more source
Corporate cybersecurity risk and data breaches: A systematic review of empirical research
Australian Journal of ManagementCybersecurity constitutes a major concern for corporations. Given the disciplinary barriers that fragment existing research on cybersecurity, we conduct a systemic review of 203 empirical studies on the determinants and consequences of corporate ...
Chelsea Liu, M. A. Babar
semanticscholar +1 more source
Institutional Investor Attention and Firm Disclosure
Accounting Review, 2019 We study how short-term changes in institutional owner attention affect managers' disclosure choices. Holding institutional ownership constant and controlling for industry-quarter effects, we find that managers respond to attention by increasing the ...
I. Abramova, J. Core, Andrew Sutherland
semanticscholar +1 more source
Innovation Activities and Integration through Vertical Acquisitions
The Review of financial studies, 2019 We examine the determinants of vertical acquisitions using product text linked to product vocabulary from input-output tables. We find that the innovation stage is important in understanding vertical integration.
L. Frésard, Gerard Hoberg, G. Phillips
semanticscholar +1 more source
The Elephant in the Room: The Impact of Labor Obligations on Credit Markets
The American Economic Review, 2019 We show that labor market frictions are first-order for understanding credit markets. Wage growth and labor share forecast aggregate credit spreads and debt growth as well as or better than alternative predictors.
Jack Y Favilukis +2 more
semanticscholar +1 more source