To meet the urgent and enormous task of addressing climate change will require considerable action by all sectors of society, including business. Beyond individual firm action, business climate alliances have been formed to achieve a variety of ends, including setting collective ambitions,...

Using data from 41 different countries including the United States, we provide novel empiricalevidence that firms increase their cash holdings as a response to climate risk. This effect is drivenby financially constrained firms and becomes significantly stronger after the release of the...

Climate change impacts will continue to worsen with rising greenhouse gas (GHG) emissions and global temperatures, underscoring the growing necessity to foresee and comprehend the impact of climate change risks on economic activity. Using quarterly firm-level data of 173 firms from the People's...

Focusing on utilization of employees strengths at workforce brings companies benefit to the diverse workforce and creates a competitive advantage in a turbulent and dynamic business environment. The intention of this research is to fill a significant research gap in the in-depth exploration of...