Results 211 to 220 of about 12,543 (285)

Natural disaster risk salience and the strategic appointment of directors with sustainability expertise

Journal of Financial Research, EarlyView.
Abstract This article examines how salient sustainability risks from near‐miss natural disasters influence board composition. Using a difference‐in‐differences design, I find that firms located in counties neighboring disaster‐affected areas significantly increase the presence of directors with sustainability expertise following the disaster.
Bo Wang
wiley   +1 more source

Rookie independent directors and agency costs: Evidence from Chinese listed firms. [PDF]

Heliyon
Bin Khidmat W, Ashraf N, Yeo SF, Tan CL, Shafique MN.   +4 more
europepmc   +1 more source

ESG, Bank Debt and Firm Value: A Signaling Perspective

Journal of International Financial Management &Accounting, EarlyView.
ABSTRACT This paper delves into the influence of bank debt in shaping the relationship between environmental, social, and governance (ESG) performance and a firm's value. As a result of the superior informational and monitoring functions of bank borrowers in their lending relationships, we argue that a firm's degree of bank debt might signal the ...
Gabriel De la Fuente, Pilar Velasco
wiley   +1 more source

Best Before? Expiring Central Bank Digital Currency and Loss Recovery

Journal of Money, Credit and Banking, EarlyView.
Abstract Physical cash enables payments in the absence of electricity or network coverage. Such offline payment functionality promotes the operational resilience and, particularly in developing countries, the accessibility of payments. Central banks are exploring issuing digital cash substitutes with similar offline payment functionality.
CHARLES M. KAHN, MAARTEN R.C. VAN OORDT, YU ZHU   +2 more
wiley   +1 more source

Pollution Permits and Financing Costs

Journal of Money, Credit and Banking, EarlyView.
Abstract Effective environmental policy should consider how the financiers of polluting firms behave. We study phase III of the EU Emission Trading System. Loan spreads for cap‐and‐trade participants are a function of compliance costs, permit market features, and firms’ strategic actions.
FABIO ANTONIOU, MANTHOS D. DELIS, STEVEN ONGENA, CHRIS TSOUMAS   +3 more
wiley   +1 more source

Are enterprises embedding in digital platform ecosystems greener? A resource curse view. [PDF]

Heliyon
Zhao Q, Zhao C, Song C.
europepmc   +1 more source

The Monetary Policy–Commodities Nexus: A Survey

Journal of Economic Surveys, EarlyView.
ABSTRACT This survey synthesizes evidence on the bidirectional links between commodity markets and monetary policy. On the commodities‐to‐policy side, we review how shocks to energy, food, and metals pass through to inflation, inflation expectations, economic activity, and financial stability in state‐dependent ways that vary by shock type, exposure ...
Martin T. Bohl, Niklas Humann, Pierre L. Siklos   +2 more
wiley   +1 more source

Peer effect of environmental information disclosure behavior in China:Empirical test based on "Real green" and "Fake green". [PDF]

Heliyon
Gu C, Shen M.
europepmc   +1 more source

What Are Asset Price Bubbles? A Survey on Definitions of Financial Bubbles

Journal of Economic Surveys, EarlyView.
ABSTRACT Financial bubbles and crashes have repeatedly caused economic turmoil notably but not just during the 2008 financial crisis. However, both in the popular press as well as scientific publications, the meaning of bubble is sometimes unspecified.
Michael Heinrich Baumann, Anja Janischewski   +1 more
wiley   +1 more source

Restricciones financieras y Tobin's Q

El objetivo de este trabajo consiste en estudiar qué relación existe entre la productividad de una empresa y su nivel de Tobin Q, que es una medida de valoración de empresas. A su vez, se plantea la hipótesis de cómo pueden afectar las restricciones financieras a esa relación productividad-Tobin Q.
openaire   +1 more source