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...
This paper studies how Private Equity (PE) firms affect firms' environmental outcomes in the oil and gas industry. On average PE ownership leads to a 70%...
The rise of shale gas and tight oil development has triggered a major debate about hydraulic fracturing (HF). In an effort to mitigate risks from HF,...
We present a model in which firms compete for workers who have a taste for a nonpecuniary job attribute, such as purpose, sustainability, ES/CSR, or...
With the emergence of sovereign wealth funds (SWFs) around the world managing equity of over $8 trillion, their impact on the corporate landscape and...