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This paper uses textual analysis to examine how European corporations assess sanctions in their annual reports. Using observations from a panel of almost 11,500 corporate annual reports from 2014-2017, we document significant cross-country variation in how firms perceive Russia-related...
Persistent link: https://www.econbiz.de/10012507680
Is bank- versus market-based financing different in its attitudes towards Environmental, Social, and Governance (ESG … bank monitoring and scrutiny. The Social and Governance components, in particular, matter. Furthermore, firms suffering … higher numbers of negative ESG reputation shocks are less likely to continue to rely on bank credit in response to lenders …
Persistent link: https://www.econbiz.de/10013185205
uncertainty (EPU) and bank liquidity hoarding (LH). We focus on the Russian banking sector, which, relative to most of the world …, has a high share of women on bank executive boards. Using the news-based EPU index developed by Baker, Bloom, and Davis … significantly under-represented on bank boards in most countries, these results argue for policies to promote gender diversity of …
Persistent link: https://www.econbiz.de/10013417492
Persistent link: https://www.econbiz.de/10012101773