Climate change poses new challenges for portfolio management. Investors face a trade-off between minimizing climate risk exposure and maximizing the...
Do strong incentives to cut costs lead firms to neglect negative externalities? We find that costcutting incentives can be environmentally friendly....
This paper examines the effect of board gender diversity on renewable energy consumption. Using a panel of 11,677 firm-year observations from the USA...
Corporate purpose is the hot topic in corporate governance. Critics are calling for corporations to shift their purpose away from shareholder value as a...
The explosion in ESG research has led to a strong reliance on ESG rating providers. We document widespread changes to the historical ratings of a key...
This paper examines how firms combat climate change and the motivations behind their strategies. Using firm-level carbon emissions and import volume...