Showing 1 - 10 of 1,024
This paper examines the effect of stringent environmental regulations on firms' environmental practices, economic performance, and environmental innovation. Reducing COD levels by 10% relative to 2005 levels is an aim of the Chinese 11th Five-Year Plan. Using a difference-in-differences...
Persistent link: https://www.econbiz.de/10012480484
Democratic CEOs associated with a significant reduction (or even disappearance) of the gender gap in the level and performance …
Persistent link: https://www.econbiz.de/10012585377
Using natural language processing, we identify corporate goals stated in the shareholder letters of the 150 largest companies in the United States from 1955 to 2020. Corporate goals have proliferated, from less than one on average in 1955 to more than 7 in 2020. While in 1955, profit...
Persistent link: https://www.econbiz.de/10014247976
Investing according to environmental, social, and governance (ESG) criteria is gaining momentum. Most environmental performance indices focus only on the tonnage of carbon dioxide (CO₂) emissions. This paper proposes an index covering eight pollutants expressed in monetary damage. Inclusion of...
Persistent link: https://www.econbiz.de/10012696363
high-profile Ellen Pao v. Kleiner Perkins gender discrimination trial had dramatic treatment effects. In difference …
Persistent link: https://www.econbiz.de/10012510557
, prejudice, or systematically biased beliefs about the ability of female managers. Disentangling these theories would require … data on productivity, on the preferences of those who interact with managers, and on perceptions of productivity. Financial …
Persistent link: https://www.econbiz.de/10012466682
. This study investigates the influence of gender bias in forming CEOs' business networks. Using transaction data of 1 … million Japanese firms, we find that CEOs of the same gender significantly trade more than those of the opposite gender … CEOs are male, such same-gender bias reduces the trading opportunities for females relative to male CEOs. Regarding …
Persistent link: https://www.econbiz.de/10014337848
Much of the potential impact of environmental policy is though to come from the incentives it gives firms to develop and introduce new environmental products and processes. Almost all the literature on this issue has focused on the impact of environmental policy on the amount environmental R&D...
Persistent link: https://www.econbiz.de/10012471483
This paper explores abatement investment and location responses to environmental policy, which takes the form of emission taxes or tradeable emission permits and subsidies against the costs of abatement investment, under uncertainty and irreversibility. Uncertainty is associated with output...
Persistent link: https://www.econbiz.de/10012471512
Companies are exposed to carbon-transition risk as the global economy transitions away from fossil fuels to renewable energy. We estimate the market-based premium associated with this transition risk at the firm level in a cross-section of over 14,400 firms in 77 countries. We find a widespread...
Persistent link: https://www.econbiz.de/10012482725