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 +2 more
wiley +1 more source
Green process innovation, green product innovation, leverage, and corporate financial performance; evidence from system GMM. [PDF]
HeliyonWang YZ, Ahmad S.
europepmc +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 +3 more
wiley +1 more source
The role of corporate governance and reputation in the disclosure of corporate social responsibility and firm performance. [PDF]
Heliyon, 2023 Siddiqui F, YuSheng K, Tajeddini K.
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 +1 more
wiley +1 more source
A Unified Theory of Tobin's Q, Corporate Investment, Financing, and Risk Management
, 2011 P. Bolton, Hui Chen, Neng Wang
semanticscholar +1 more source
Measuring Firm Greenness: A Comprehensive Review of Corporate Sustainability Indicators
Journal of Economic Surveys, EarlyView.ABSTRACT The major global challenges of climate change, environmental degradation, and resource scarcity have gained centrality in policymaking and academia, with a growing body of research exploring the interlinkages among economic growth, trade, environmental outcomes, and policy interventions.
Maria Laura Pupo, Anna D'Ambrosio
wiley +1 more source
The impact of ASEAN economic community, firm characteristics and macroeconomics on firm performance and firm value: An investigation of Shariah-compliant firms in Indonesia. [PDF]
HeliyonNikmah C, Hung RJ.
europepmc +1 more source
Leader‐Follower Dynamics in Shareholder Activism
The Journal of Finance, EarlyView.ABSTRACT We propose a theory of coordination and influence among blockholders. Privately informed activists time their trades in sequence to lower acquisition costs, prompting a strategic use of order flows: leader activists create trading gains for their followers, ultimately influencing their willingness to bear greater value‐enhancing intervention ...
DORUK CETEMEN +3 more
wiley +1 more source
Rookie independent directors and agency costs: Evidence from Chinese listed firms. [PDF]
HeliyonBin Khidmat W +4 more
europepmc +1 more source