We tested the influence of time pressure and to what extent time pressure interacts with the contextual factors ("payoff scheme" and "level of costs for information that can be acquired") in three laboratory experiments. Participants had to decide how many pieces of information they wanted to...

Current protests of the young generation emphasize that interests of future generations should be taken more into account by policy makers and in corporate decision processes. As organizations contribute to enduring environmental and social problems, they are required to promote sustainability...

We build a dynamic capital structure model to study the link between systematic risk exposure and debt maturity, as well as their joint impact on the term structure of credit spreads. Our model allows for time variation and lumpiness in the maturity structure. Relative to short-term debt,...