In this paper we conceptually identify the gap in the literature about lack of business’s awareness in non -financial activities, especially biodiversity, which can be responsible for crisis like COVID-19 which can adversely affect the global economy. We recommend approaches to existing...

We use the universe of U.S. job postings to construct a firm-level index that assesses each company's work from home (WFH) suitability, and study its impact on firms' resilience during the recent COVID-19 pandemic. Using a difference-in-differences framework, we find strong evidence that,...

This paper employs the theoretical lens of social capital to examine social distancing behavior during the COVID-19 pandemic. By exploiting daily mobile GPS location data, we provide strong evidence for the diverse effects of the two constituents of social capital, civic norms and social...

This paper examines how bank culture helps to mitigate the impact of COVID-19 on banks’ default risk. Using 2,667 quarterly earnings call transcripts for a sample of 161 US Bank Holding Companies over 2016-20, we find that a stronger bank culture reduces the distance to default following...

This paper examines how bank culture helps to mitigate the impact of COVID-19 on banks’ default risk. Using 2,667 quarterly earnings call transcripts for a sample of 161 US Bank Holding Companies, we find that a stronger bank culture reduces banks’ default risk following COVID-19 shock. In...