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Following concerns that the art market is being used to launder criminal money and fund terrorist activities, measures have recently been introduced to subject the market to the anti-money laundering (AML) regime – such as the EU 5th Money Laundering Directive (2018) and the US Illicit Art and...
Persistent link: https://www.econbiz.de/10014255493
In 2002, thirty-four chief executives of the world’s largest multinational corporations signed a document during the World Economic Forum (WEF) entitled, ‘Global Corporate Citizenship: The Leadership Challenge for CEOs and Boards’. These included Coca-Cola, Deutsche Bank, Diageo, Merck &...
Persistent link: https://www.econbiz.de/10013226042
Research investigating the relationship between firm performance and gender diversity has so far reported conflicting … evidence: Some studies find firm performance to benefit from gender diversity, others find negative results or no effect at all …. Taking this inconclusive evidence as a sign for moderators influencing the effect of gender diversity on firm performance, we …
Persistent link: https://www.econbiz.de/10012693903
-world incentive program mainly drives their CSR decision-making. We also examine if selected gender-specific character traits cause … gender differences in executives’ CSR decision-making. Our study contributes to the literature on executives’ decision …
Persistent link: https://www.econbiz.de/10013238068
We evaluate the connection between corporate characteristics and the reaction of stock returns to COVID-19 cases using data on over 6,700 firms across 61 economies. The pandemic-induced drop in stock returns was milder among firms with (a) stronger pre-2020 finances (more cash and undrawn...
Persistent link: https://www.econbiz.de/10012836651
This paper documents the existence of a CEO Investment Cycle, in which disinvestment decreases over CEO tenure while investment increases, leading to “cyclical” firm growth in assets as well as in employment. The estimated variation in investment rate over the CEO cycle is of the same order...
Persistent link: https://www.econbiz.de/10009782415
Latin American corporate executives are faced with a serious problem the low trust and peer confidence. The factors of criticism at workplace, increased corporate controls, and growing expectations for improved performance and accountability have accompanied this decline in trust. Traditional...
Persistent link: https://www.econbiz.de/10014026912
This paper investigates whether female political representation in national parliaments influences climate change policy outcomes. Based on data from a large sample of countries, we demonstrate that female representation leads countries to adopt more stringent climate change policies. We exploit...
Persistent link: https://www.econbiz.de/10012131218
Persistent link: https://www.econbiz.de/10011773558
Implementation of the concept of Corporate Social Responsibility (CSR) has become important for all stakeholders and an important part of company’s businesses and reporting. Little research attention is given to the research about CSR from employees' perspective and to the influence of CSR to...
Persistent link: https://www.econbiz.de/10012227856