Results 91 to 100 of about 850,306 (275)
Making Value‐Chain Risks Visible: Extending ENCORE for Systemic Insights
Business Strategy and the Environment, EarlyView.ABSTRACT Businesses in all sectors, including downstream segments, depend on biodiversity and the ecosystem services it sustains, yet firms also exert pressures that accelerate biodiversity loss. The latter generates material risks for both companies and their financial stakeholders.
Hjalmar Funke +3 more
wiley +1 more source
Optimal Learning, Overvaluation and Overinvestment [PDF]
, 2019 Periods of technological revolution are usually associated with overvaluation of and overinvestment by innovating firms. This paper develops a model that explains this behavior in a frictionless rational setting. When fully rational innovating firms face
Barbosa, António
core +1 more source
Non-standard issues in business finance: an overview. [PDF]
J Bus Econ, 2022 Breuer W, Pfingsten A.
europepmc +1 more source
Business Strategy and the Environment, EarlyView.ABSTRACT ESG ratings, and in particular environmental scores (E‐scores), are becoming increasingly relevant for financial stability and capital allocation decisions. This paper investigates the relationship between corporate environmental performance and market risk, as measured through value at risk (VaR) and expected shortfall (ES), the key metrics ...
Matilda Shini +3 more
wiley +1 more source
DIRECT EVIDENCE ON THE MARKET-DRIVEN ACQUISITION THEORY
We provide direct empirical evidence that share overvaluation is an important motive for firms to make stock acquisitions. We find that more overvalued firms are more likely to acquire with stock, and acquirers are more overvalued in successful stock ...
James S. Ang, Yingmei Cheng
core +1 more source
Business Strategy and the Environment, EarlyView.ABSTRACT Prior research has mostly relied on linear and parametric models while explaining environmental non‐compliance, but they have a limited capacity to capture non‐linear and asymmetric effects of elements affecting firms' environmental compliance.
Ashutosh Singh +4 more
wiley +1 more source
Commodity currency reactions and the Dutch disease: the role of capital controls. [PDF]
Empir Econ, 2023 Chen K, Lee D.
europepmc +1 more source
Business Strategy and the Environment, EarlyView.ABSTRACT This study examines how greenhouse gas emissions influence corporate performance and explains why prior evidence on the carbon–performance relationship has remained inconsistent. Drawing on institutional, stakeholder and slack resource perspectives, the study investigates the direct effects of carbon intensity and emissions reduction ...
Olatunde Ogunwole +2 more
wiley +1 more source
The Dark Side of Leadership: CEO Narcissism and the Quality of Climate‐Related Financial Disclosures
Business Strategy and the Environment, EarlyView.ABSTRACT This paper investigates the impact of narcissistic Chief Executive Officers (CEOs) on the quality of corporate climate‐related financial disclosure as required by the Task Force on Climate‐related Financial Disclosures (TCFD) framework. Using a sample of S&P 1500 firms, the analysis tests the association between principal component‐based two ...
Dauda Bola Abdulsalam +2 more
wiley +1 more source
Autoregression Modeling of the American Stock Market
, 2020 High price-to-earnings ratios indicate overvaluation of the stock market due to irrational exuberance (a phrase by Alan Greenspan). We develop new measures of earnings and study whether the market is currently in a bubble.
Sarantsev, Andrey
core