We examine the association between ICT investment, corporate governance and firm performance. Using an international sample of 62,199 firm-year observations from 42 countries, we find that ICT investment and corporate governance mechanisms (i.e., board independence and foreign ownership) on...

This research investigates the association between debt overhang and carbon emissions. We employ a sample of 2,043 U.S. firm-year observations over a period of 14 years from 2007 to 2020. Our findings reveal that the debt overhang problem increases carbon emissions. This finding holds when we...

This study examines the effect of environment, social and governance (ESG) performance on firms' cost of debt (COD) internationally. Using a sample comprising of 18,950 observations over a period between 2008 and 2015 across 41 countries, we find a significant negative association between...