Results 121 to 130 of about 378,121 (302)
Sovereign debt and its restructuring framework in the Euro area. Bruegel Working Paper 2013/05, August 2013 [PDF]
To compensate for the inflexibility of fixed exchange rates, the euro area needs flexibility through a system of orderly debt restructuring. With virtually no room for macroeconomic manoeuvring since the crisis onset, fiscal austerity has been the main ...
Mody, Ashoka
core
Beyond the ESG Facade: Measuring and Addressing Corporate ‘Lip Service’
ABSTRACT Amid growing global attention to environmental, social and governance (ESG), this study examines the misalignment between ESG disclosures and actual practices—termed ‘lip service’—using data from Chinese firms from 2006 to 2022, constructing an index to quantify it.
Jia Xu, Mingwei Liu, Helen X. H. Bao
wiley +1 more source
THE CURRENCY DENOMINATION OF SOVEREIGN DEBT [PDF]
This paper considers the currency composition of sovereign debt in the context of risk-sharing through excusable defaults. It is shown that monetary credibility is not a sufficient condition for borrowing in domestic currency.
Michael Bleaney
core
ABSTRACT Whether corporate carbon management can enhance productive efficiency is central to firms' long‐term competitiveness and determines whether carbon reduction efforts can be sustained beyond regulatory compliance. This study examines how corporate carbon risk and opportunity management affects firm productivity (measured by total factor ...
Nan Huang, Hanlu Fan, Ruoxin Zhu
wiley +1 more source
THE SOVEREIGN DEBT CHALLANGE: AN OVERVIEW [PDF]
Recent years have seen profound changes in country risk and its components, in the context of crises multiplication and diversification; the sovereign risk, a main country risk component, has undergone important changes, mainly given by mutations in its ...
Deceanu Liviu - Daniel +2 more
core
ABSTRACT Global net‐zero ambitions require transformative strategies to decarbonise carbon‐intensive global value chains (GVCs). This study examines how multinational enterprises (MNEs) in sunset industries integrate carbon capture technologies (CCT) with operational and supply chain dynamics (OSCD) to advance decarbonisation.
Muhammad Mustafa Kamal +6 more
wiley +1 more source
Inefficient private renegotiation of sovereign debt [PDF]
The negotiation of sovereign debt repayments and of new loans after default may yield inefficient outcomes that justify intervention by creditor country governments and international financial institutions.
Kletzer, Kenneth M.
core
This study examines the sovereign-banking nexus in emerging markets through the channel where it is identifiable at the country level: banks’ balance-sheet soundness in response to sovereign external debt accumulation. Using a panel of 55 emerging-market
Felix Kwabena Danso +2 more
doaj +1 more source
ABSTRACT This study investigates the relationship between waste management outcomes and corporate investment efficiency, as well as the moderating role of CSR committees, using a panel of 267 non‐financial French listed firms over the period 2011–2022.
Bilel Bzeouich +2 more
wiley +1 more source
Sovereign debt sustainability in MENA countries: Determinants and policy implications
This paper examines sovereign debt sustainability in the Middle East and North Africa (MENA) region by comprehensively analyzing macroeconomic, institutional, and geopolitical determinants.
Kais Ben Mbarek
doaj +1 more source

