Acting sustainably and ethically seems to be two sides of the same coin. A worldwide sample of 10,500 public companies from 2002 to 2020 shows that high risk-adjusted returns can predict future unethical behavior and corporate scandals. Statistical evidence indicates that risk-adjusted returns...

We analyze how board characteristics affect a company's carbon emissions besides further firm-related and cultural variables, using data on over 6,000 companies located in 46 countries for the period 2009-2019. We identify the boards that are more skilled or have a higher share of female members...

We empirically study the perception of political uncertainty by UK’s financial markets, covering the The Brexit vote and the resulting decision of the United Kingdom to withdraw from the European Union is unique in terms of various issues. The possible future effects in terms of trade barriers...