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We document a negative relation between abnormal temperature and quality of life in the U.S. since 1990. Cross-state and (within state-year) county-level comparisons both indicate that the temperature-quality of life relation is more positive in states adopting more stringent environmental...
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Amidst the legally binding international treaty on climate change, our study offers empirical cross-country evidence that firms can take advantage of their green innovation policy (environmental or eco-innovation) to fetch better deals from debtholders. We find that high green innovation lowers...
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Using environmental, social and governance (ESG) scores compiled by Reuters Datastream for each company's corporate social performance (CSP), we examine the relationship between CSP and corporate financial performance (CFP) of 314 UK listed companies over the period 2002 to 2015. We further...
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Africapitalism suggests a refined capitalist system aimed at achieving collective good unlike the shareholder value maximisation model of Anglo-American capitalism. It emphasises the obligations of the private sector in Africa to pursue socio-economic development. Despite these proposed...
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