We study how a firm's global connectedness through global supply chains and exports affects its stock market performance during crises. While global connectedness can expose firms to negative foreign shocks, it potentially reduces firms' susceptibility to domestic shocks by allowing...

We examine the impact of three business strategies separately and in combination on the tendency for firms to engage in corruption. Using a sample of 56,827 firm‐year observations for small‐ and medium‐sized enterprises (SMEs) over the 2006–2018 period, we find that firms with business...

Treating the Russian invasion of Ukraine as a rare disaster event and defining proximity as both physical distance and political closeness, we analyze investors’ response to disaster risk by examining the performance of commercial real estate investments in countries of proximity to the event....