In recent years, the debate about climate change and the competitiveness of multinational corporations (MNCs) has increased. Decision-makers in MNCs often face ambiguities on how their business competitiveness could be impacted by their actions to mitigate climate change. By combining knowledge...

This paper investigates the impact of temperature on operating revenue as a measure of economic output for more than a quarter of a million business group firms operating in 32 countries. For this purpose, we construct a novel global dataset that combines information on firm financials,...

Multinational enterprises (MNEs) are increasingly facing global environmental issues which require coordinated market and non-market strategic responses. This article analyses the strategic responses by US and European multinational enterprises in the oil industry to the global climate change...

This paper explores the international dimensions of multinationals' corporate political activities, focusing on an international issue - climate change - that is being implemented differently in a range of countries. Analyzing data from FT Global 500 firms, it examines the influence on types and...

This paper shows that greater global spatial correlation of productivities can increase cross-country welfare dispersion by increasing the correlation between a country's productivity and its gains from trade. We causally validate this general-equilibrium prediction using a global climatic...