Similar Search Results

Analysis of New Models of Emerging Risk for Insurance Companies : The Climate Risk

Tripaldi, Eliana; Orlando, Giuseppe; Taglialatela, Giovanni - 2023

obligations that arise for the Company to determine the pricing of the products and the underwriting policies for the risk …

Persistent link: https://www.econbiz.de/10014258096

Is climate transition risk priced into corporate credit risk? : evidence from credit default swaps

Ugolini, Andrea; Reboredo, Juan Carlos; Ojea-Ferreiro, … - 2023

We study whether climate transition risk is reflected in the credit default swap (CDS) spreads of firms. Using … risk (CTR) factor, and document how this factor shifts the term structure of the CDS spreads of more vulnerable firms but … that they have asymmetric and significant economic impacts on the credit risk of more vulnerable firms, and negligible …

Persistent link: https://www.econbiz.de/10014230422

Assessing the influence of climate risk, carbon allowances, and technological factors on the ESG market in the European union

Pata, Ugur Korkut; Mohammed, Kamel Si; Serret, Vanessa; … - In: Borsa Istanbul Review 24 (2024) 4, pp. 828-837

the EU Sustainable Development Goals, this study aims to examine the impact of climate risk uncertainties (transitional … technological progress reduce ESG progress. This shows that the risk of climate change requires the introduction of stricter …

Persistent link: https://www.econbiz.de/10014635477

Uncertainty, Investment Spikes, and Leverage Adjustments

Im, Hyun Joong - 2020

We study the effects of uncertainty on corporate leverage adjustments with respect to investment spikes and find that overlevered and underlevered firms behave very differently in response to the combination of uncertainty and investment spikes. Overlevered firms facing high uncertainty converge...

Persistent link: https://www.econbiz.de/10012855716

How do firms cope with losses from extreme weather events?

Benincasa, Emanuela; Betz, Frank; Gattini, Luca - 2022

We document the investment and financing decisions of firms that experience monetary losses due to extreme weather events. Our sample covers firms operating in 41 economies, mainly emerging and developing markets. Consistent with the need to either replenish damaged capital or to adapt to...

Persistent link: https://www.econbiz.de/10013282473

Confronting Climate Risk With Lobbying : Evidence From the Fossil Fuel Industry

Lantushenko, Viktoriya; Schellhorn, Carolin - 2022

greater with increases in a firm’s vulnerability to climate change news risk. The industry’s resistance to a timely low … news risk increase after 2013, strengthening firms’ inclination to lobby just when this activity becomes less valued by …

Persistent link: https://www.econbiz.de/10014235505

OVERVIEW OF THE RELEVANT INDICATORS OF DEFAULTED AND NON-DEFAULTED COMPANIES AND POSSIBILITIES OF IMPROVEMENT FOR THE RATING SYSTEMS USED BY THE ROMANIAN COMMERCIAL BANKS

Ildiko, Kovacs; Henrietta, Doczi; Attila, Erdely; … - In: Annals of Faculty of Economics 1 (2011) 2, pp. 413-418

Since the beginning of the financial and economic crises many news came to light which discussed the increasing number of non-performing loans, and the fact that as a result of the company break-downs, the bank portfolios have also gone worse and worse. In this paper our goal is to find out...

Persistent link: https://www.econbiz.de/10009650852

An uncertainty approach to modelling climate change risk in South Africa

Cullis, James; Alton, Theresa; Arndt, Channing; … - 2015

This study represents the first attempt at an integrated approach to assessing the potential impacts of climate change on the national economy of South Africa via a number of (but not necessarily all) impact channels. The study focuses on outcomes by about 2050. The results show the multiple...

Persistent link: https://www.econbiz.de/10010511214

Closed-form integrated assessment and uncertainty

Traeger, Christian - 2015

-form expressions of welfare loss from shocks and epistemological uncertainty identify the interaction of (intertemporal) risk attitude …

Persistent link: https://www.econbiz.de/10011305430

Modeling uncertainty in climate change : a multi-model comparison

Gillingham, Kenneth; Nordhaus, William D.; Anthoff, David; … - 2015

The economics of climate change involves a vast array of uncertainties, complicating both the analysis and development of climate policy. This study presents the results of the first comprehensive study of uncertainty in climate change using multiple integrated assessment models. The study looks...

Persistent link: https://www.econbiz.de/10011344715