capital of these [sometimes] complacent investment banks?Large asset owners such as e.g. Norges Bank in Europe [already] have …: ESG data and investment governance in the financial services sector — some of the notions advanced here are based on his …

the theory on the thus selected sample of overhang countries. In the spirit of event studies, we ask whether, as the … overhang level of debt is reached: (i) investment falls precipitously as it should when it becomes optimal to default, (ii …-empt default and exact punitive interest rates. We find a systematic response of investment, particularly when property rights are …