Do Major Customers Affect Firms' Environmental, Social and Governance Activities?
European Financial Management, EarlyView.ABSTRACT We examine the role of major customers in shaping firms' environmental, social and governance (ESG) practices. We find that firms with major customer relationships undertake fewer ESG activities compared to those without such ties. The association is attenuated when institutional ownership is high, firms are less diversified, customers exhibit
Feng Dong +4 more
wiley +1 more source
Does Signing Auditor's Reputational Promotion Ease the Financing Constraints of Audited Firms? [PDF]
Comput Intell Neurosci, 2022 Gu C, Zhao R.
europepmc +1 more source
Rich Dad Poor Dad? CEO Private School Background and Firm Risk
European Financial Management, EarlyView.ABSTRACT We examine the effect of CEO childhood socioeconomic status (SES) on firm risk. Using hand‐collected data on US CEOs' private high‐school attendance as proxy for high‐SES, we find that firms led by high‐SES CEOs exhibit 5.35% lower firm risk. This effect diminishes with CEO tenure, analyst coverage, and institutional ownership, consistent with
Yifei Bi, Christos Mavrovitis, Chen Yang
wiley +1 more source
Visualizing the sustainable development goals and natural resource utilization for green economic recovery after COVID-19 pandemic. [PDF]
Resour Policy, 2023 Zhang S +3 more
europepmc +1 more source
Corporate strategies – the institutional approach [PDF]
The present paper introduces a model of corporate strategies, based on institutional theories of the firm and formalized with the concepts of the theory of games.
Waśniewski, Krzysztof
core +1 more source
Climate Regulation and ESG Disclosure in Maritime Transport
European Financial Management, EarlyView.ABSTRACT This paper investigates whether climate policy signals influence ESG disclosure quality in maritime transport, a capital‐intensive industry responsible for roughly 3% of global CO₂ emissions. Using panel data from 126 listed shipping firms between 2009 and 2023, we construct an author‐based disclosure quality index and treat the IMO's 2018 ...
Xakousti Afroditi Merika +1 more
wiley +1 more source
Impact of Market Authorization Holder (MAH) system on pharmaceutical innovation in China. [PDF]
J Pharm Policy PractZhai S +8 more
europepmc +1 more source
Financial Statement Readability and Firm Debt Choice
Financial Management, EarlyView.ABSTRACT Examining more than 16,000 firm‐year observations in the United States, we provide novel evidence showing that higher financial statement readability leads to a decrease in information asymmetry and the need for external monitoring, thereby reducing the reliance on bank debt relative to public debt.
Wajih Abbassi +3 more
wiley +1 more source
Assessing the transition risks of environmental regulation in the United States: Revisiting the Porter hypothesis. [PDF]
Risk AnalStylianou I +3 more
europepmc +1 more source
Expropriation of Minority Shareholders in East Asia [PDF]
We examine the evidence on expropriation of minority shareholders by the controlling shareholder in publicly traded companies in nine East Asian countries. Higher cash-flow rights are associated with higher market valuation.
Claessens, Stijn +3 more
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