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Persistent link: https://www.econbiz.de/10014473527
This paper responds to recent calls to study the role that board gender diversity plays in shaping corporate responses to climate change. It examines whether female board representation is associated with greater climate change innovation and whether its effect is determined by the presence of a...
Persistent link: https://www.econbiz.de/10014388688
Due to inadequate studies, our knowledge of the effect of female directors and national culture on the corporate response to climate change is still limited. To address this gap, the purpose of this paper is to investigate the dynamic relationship between gender diversity on the board of...
Persistent link: https://www.econbiz.de/10014305552
climate regulation, we provide evidence of a causal relation between climate regulatory risks and the credit ratings and yield …
Persistent link: https://www.econbiz.de/10012838425
We construct measures of firms' beliefs about climate regulation, plans for future abatement, and current actions on … abatement is strongly affected by firms' beliefs about climate regulation, with cross-firm interactions amplifying the … effectiveness of regulation …
Persistent link: https://www.econbiz.de/10012847312
Investor concerns about climate and other environmental regulatory risks suggest that these risks should affect corporate bond risk assessment and pricing. We test this hypothesis and find that firms with poor environmental profiles or high carbon footprints tend to have lower credit ratings and...
Persistent link: https://www.econbiz.de/10013193337
Investor concerns about climate and other environmental regulatory risks suggest that these risks should affect corporate bond risk assessment and pricing. We test this hypothesis and find that firms with poor environmental profiles or high carbon footprints tend to have lower credit ratings and...
Persistent link: https://www.econbiz.de/10013291710
We analyze jointly optimal carbon pricing and leverage regulation in a model with financial constraints and endogenous … physical climate risks have a substantial impact on collateral values. Additionally introducing leverage regulation can be …
Persistent link: https://www.econbiz.de/10014315161
This paper reflects on the links between the current COVID-19-crisis and the climate and biodiversity crises. It argues that the present pandemic and nonsustainable development on a global scale have similar roots: from ignoring natural boundaries to denying scientific facts, from...
Persistent link: https://www.econbiz.de/10012240970
Paper covers personal experiences relating to the relevant science, publications, negotiations, policies, measures, business responses, and sleight-of-hand which has gone around the author over many years
Persistent link: https://www.econbiz.de/10014197456