How people assess their prospects and act accordingly is anchored in time and space. But context is only half the story. Human beings share predispositions in favour of the here and now, discounting the future, and risk aversion. This paper provides a framework for integrating cognition with...

In the aftermath of the global financial crisis, new financial technology (fintech) start-ups have emerged to challenge the long-established position of financial services incumbents. Drawing on resource-based theory and institutional theory, we investigate how the emergence of fintech start-ups...

This paper explores whether increasing fossil fuel divestment commitments are related to thereduction of capital flows into the oil & gas sector, based on an analysis of syndicated lending, equity and bond underwriting across 33 countries from 2000 to 2015. We find that increasing oil & gas...

We investigate how different types of environmental policies and new regional environmental knowledge affect new venture creation in and financing of green (low carbon), brown (fossil fuel) and gray (unrelated to natural resources) technologies across 24 OECD countries and 293 regions over the...

Long-term investors (LTIs), such as pension funds, super funds, sovereign funds, and endowments, are increasingly engaging in innovative investment activities. Many have sought to use their time horizon and their scale as comparative advantages in order to access financial markets on better...