Huang, Henry He; Kerstein, Joseph; Wang, Chong - 2021
-listed firms across the globe. We attempt to do so using the Global Climate Risk Index compiled and published by Germanwatch (Kreft … flows. Consistent with policies that attempt to moderate such effects, we show that firms located in countries characterized … resilience to climatic threats. Those firms also tend to have less short-term debt but more long-term debt, and to be less likely …