Acquisitions of financially distressed firms are usually associated with debt restructuring of the target debt, and the deals can be implemented with or without the aid of the bankruptcy court. We find target stakeholders generally prefer to complete the acquisition without court help, unless...

Chlorpyrifos (CPF) is an extensively used organophosphorus pesticide. Recently, it has attracted increasing attention due to environmental health problems caused by it. Although numerous studies have discovered the dechlorinated photoproduct of CPF, its structure and toxicity remain largely...

The formation of environmentally persistent free radicals (EPFRs) is always associated with the valence changes of transition metals. The crystalline structures of metal oxides and the role of degradation byproducts in the formation and stabilization of EPFRs have not been fully addressed. In...

The global consensus to pivot to a more sustainable lifestyle and achieve greater atom economy calls for not only sourcing advanced functional materials from biomass but also accomplishing high feedstock utilization with green and low-toxic reagents; yet, the multi-constituent nature of biomass...

We examine whether climate-change risk affects firms’ cost of capital when firms can adapt to the risk. We find firms’ cost of long-term loans increases with sea level rise (SLR) risk, but this effect mainly holds among firms with high adjustment costs to the risk, i.e., firms for whom it is...