Research Questions/Issue: This study investigates the relationship between equity-based CEO risk-taking incentives and information asymmetry as indicated by stock price delay.Research Findings/Insights: Based on a panel of firms listed in the United States from 1990 to 2018, this study reveals...

We investigate the role of managerial ability in the relationship between corporate social responsibility (CSR) and firm performance in the energy industry, where sustainability issues are of special interest. We first identify a positive association between CSR and firm value, which, however,...

We investigate the impact of public environmental concern (PEC) on corporate green investments from the perspective of CEO turnover using the extreme event of PM 2.5 surge at the end of 2011 in China as a quasinatural experiment. Compared with non-heavily polluting companies, the probability of...