I examine the association between college education and left-leaning views in Bolivia using novel survey data. My findings suggest that college education is associated with left-leaning social preferences (college-educated individuals favor social equality and a tax system in which not everybody...

CEOs who participate in hunting and fishing benefit both by appreciating natural environments and through permanently consuming natural resources. We examine whether CEOs who hunt and fish make different environmental decisions and find that firms led by CEOs who obtain the most hunting and...

English AbstractThis document reports the main findings of a focus group aimed at collecting indications for the evaluation of the effectiveness of financial education programs at secondary schools. The survey involved teachers who took part in the Project Finance, a story to tell...: from...

We investigate the impact of Environmental, Social, and Governance (ESG) ratings on borrower-lender matching and the consequences of this matching for syndicated loan contracts. We find that firms with high ESG scores are more likely to borrow from banks likewise with high ESG and that this...

The behavior of market forces in macroeconomics is not instantaneous. We cannot experience the impact of those forces instantly like fire or wind. We would feel the behavior of market forces such as inflation, unemployment, stock markets, interest rates and exchange rates only with a time lag...

Environmental, social, and governance (ESG) has become a major focal point for a broad array of stakeholders: investors, creditors, regulators, boards of directors, affected communities, customers, the general public, consultants, and academics. This article provides a history and current...

Mechanisms to develop divestment strategies are an essential component of carbon reduction strategies. The rate at which investors should divest has become a critical aspect of effective divestment, which has shifted from the periphery to a movement of over a thousand major investors, totaling...

Rising inequality is one of the grand challenges of our time. Yet, its effects on firms and their operations have not been widely examined by scholars, particularly in an international, comparative context. In this study, we focus on the link between inequality and crimes against businesses. We...

This paper discusses how counterfactual thinking can be incorporated into behavioral economics by relating it to a type of attribution substitution involved in choices people make in conditions of Knightian uncertainty. It draws on Byrne’s ‘rational imagination’ account of counterfactual...

Despite the potential importance of awards as a possible career catalyst, the theoretical and empirical research on awards is still in its infancy. Here, we address this notable shortcoming in the economic literature by exploring data from German youth football. Analyzing whether an early career...