The Sustainable Products Initiative responds to the objectives of the European Green Deal and the Circular Economy Action Plan. It aims to make products placed on the Internal Market fit for a climate neutral, resource efficient and circular economy, reduce waste and ensure that the performance...

Purpose Using the economic policy uncertainty (EPU) index as a proxy for the level of EPU, we study the impact of the level of EPU on the conditional mean of market returns and we examine the predictive power of EPU on future market returns. Design/methodology/approach We employ a GARCH-in-Mean...

We examine the effects of firms’ cash positions in moderating the impact of the subprime mortgage crisis on corporate performance. We find that corporate performance significantly declines following the onset of the crisis. Firms with low cash reserves had the largest declines in performance...