ABSTRACT This study examines the impact of executive compensation (EC) and corporate circular economy performance incentives (CCEPI) on corporate circular economy initiatives (CCEI) and corporate circular economy performance (CCEP) by integrating legitimacy theory and the resource‐based view.
Emmanuel A. Morrison+2 more
wiley +1 more source
Public Debt Carrying Capacity and Debt Transmission Channels: The Nigerian Experience
Public debt is good but also harmful depending on the level of accumulation and its management. Different levels of public debt is said to have varied impact on growth and since a tolerable public debt level is necessary for economic growth, then, the ...
Bassey Okon Ebi, Imoke Douglas Imoke
doaj
Government Solvency, Austerity and Fiscal Consolidation in the OECD: A Keynesian Appraisal of Transversality and No Ponzi Game Conditions [PDF]
This paper investigates the relevance of the No-Ponzi game condition for public debt (i.e. the public debt growth rate has to be lower than the real interest rate, a necessary assumption for Ricardian equivalence) and of the transversality condition for the GDP growth rate (i.e. the GDP growth rate has to be lower than the real interest rate).
arxiv
Corporate Climate Risk and Membership of Emission Trading Schemes
ABSTRACT Using a sample of 5364 firms from 65 countries, we demonstrate that membership in the scheme increases firm climate risk. Further analysis reveals that the positive impact of membership on climate risk is pronounced among firms in carbon‐intensive industries. Our findings demonstrate that continental differences and legal origin could moderate
Gbenga Adamolekun+4 more
wiley +1 more source
Dynamics of the public-debt-to-gdp ratio: can it explain the risk premium of treasury bonds? [PDF]
Lagoa SC, Leão ER, Bhimjee DP.
europepmc +1 more source
How do financial variables impact public debt growth in China? An empirical study based on Markov regime-switching model [PDF]
The deep financial turmoil in China caused by the COVID-19 pandemic has exacerbated fiscal shocks and soaring public debt levels, which raises concerns about the stability and sustainability of China's public debt growth in the future. This paper employs the Markov regime-switching model with time-varying transition probability (TVTP-MS) to investigate
arxiv
External debt sustainability and domestic debt in Heavily Indebted Poor Countries [PDF]
In this paper we stress the limits of the current debt sustainability framework used in the IMF-WB HIPC Initiative and the necessity to include domestic public debt into the analysis.
Arnone, Marco, Presbitero, Andrea F.
core +1 more source
Debt sustainability, structural breaks and non-linear fiscal adjustment: A testing application to Greek fiscal policy [PDF]
Non-linear public debt adjustment and structural breaks in fiscal policy may affect tests of public debt sustainability. Existing studies address these issues separately. No study has considered both. We address this gap by focusing on Greece, one of the
Arghyrou, MG
core
ABSTRACT This study intends to bridge an important research gap in the existing literature by extending academic knowledge on the relationship between national cultural dimensions and corporate environmental, social and governance (ESG) disclosure practices via social media.
Giuseppe Nicolo+2 more
wiley +1 more source
Public Debt Indexation and Denomination: The Case of Brazil [PDF]
Ilan Goldfajn
openalex +2 more sources