Disentangling the Effects of Firm‐Level Climate Risk and Capital Market Signalling: Evidence From Stock Price Informativeness
Sign Up to like & getrecommendations! Published in 2025 at "Business Strategy and the Environment"
DOI: 10.1002/bse.70291
Abstract: This study examines the impact of firm‐level climate risk on stock price informativeness (SPI) through the integrated lens of stakeholder–shareholder theory. Using a global unbalanced panel of 73,770 firm‐year observations across 38 countries (2000–2020), we… read more here.
Keywords: firm level; level climate; risk; climate risk ... See more keywords
Industrial Robots, Factor Market Distortion, and Productivity
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DOI: 10.1002/mde.4422
Abstract: We find that robot adoption significantly increases firm‐level TFP, but factor market distortion hinders the promotion effect of robot adoption on firm‐level TFP. Mechanism analysis reveals that the cost‐saving and labor productivity improvements brought about… read more here.
Keywords: level tfp; market; firm level; factor market ... See more keywords
The dynamics of the stock of workers at the firm level and threshold calculation
Sign Up to like & getrecommendations! Published in 2021 at "Mathematical Methods in the Applied Sciences"
DOI: 10.1002/mma.7206
Abstract: In this paper, we extend the state equations for the stock of unskilled and skilled workers by introducing internal training and study the dynamics of the number of skilled workers at the firm level. A… read more here.
Keywords: workers firm; level threshold; calculation; stock ... See more keywords
When Responsibility Meets Risk: Firm‐Level Political Risk, GHG Disclosure, and the Moderating Role of Market Complexities
Sign Up to like & getrecommendations! Published in 2025 at "Sustainable Development"
DOI: 10.1002/sd.70104
Abstract: This study investigates the relationship between firm‐level political risk and greenhouse gas emission disclosure (GHGD)—a largely understudied yet critical area—and provides insights into how firms strategically respond to external uncertainties. Analyzing 13,009 firm‐year observations across… read more here.
Keywords: level political; market; firm level; risk ... See more keywords
Does firm-level political risk influence earnings management?
Sign Up to like & getrecommendations! Published in 2024 at "Review of Quantitative Finance and Accounting"
DOI: 10.1007/s11156-024-01330-z
Abstract: This study diverges from mixed findings in the literature on political uncertainty and earnings management by reporting a significant positive association between the firm-level political risk (FLPR) measure proposed by Hassan et al. (Q J… read more here.
Keywords: level political; firm level; earnings management; management ... See more keywords
Does Competition Lead Firms to Bribery? A Firm-Level Study in Southeast Asia
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DOI: 10.1007/s11293-017-9566-2
Abstract: Economists have paid close attention to economic development in Southeast Asia, where corruption and bribery are believed to be ubiquitous. In this article, we study the reasons why firms bribe. Specifically, we study the effects… read more here.
Keywords: bribing behavior; competition lead; level; southeast asia ... See more keywords
Firm-level recent profitability and acquisition performance: exploring competing theoretical perspectives
Sign Up to like & getrecommendations! Published in 2018 at "Eurasian Business Review"
DOI: 10.1007/s40821-018-0111-2
Abstract: In light of the mixed findings upon whether good performers are good or bad acquirers, this paper explores the relationship between firm-level recent profitability and post-acquisition performance through the competing analysis of the managerial ability… read more here.
Keywords: recent profitability; acquisition performance; firm level; performance ... See more keywords
Who suffers and how much from corruption? Evidence from firm-level data
Sign Up to like & getrecommendations! Published in 2021 at "Eurasian Business Review"
DOI: 10.1007/s40821-021-00185-x
Abstract: In this article, we study firm-level determinants of corruption using a sample of 164,000 companies from 144 countries for the 2005–2020 period. We analyze two variables related to corruption: the perception of corruption as an… read more here.
Keywords: corruption; much corruption; firm level; suffers much ... See more keywords
Bribery, export decisions, and institutional constraints: Evidence from cross-country firm-level data
Sign Up to like & getrecommendations! Published in 2021 at "Economic Analysis and Policy"
DOI: 10.1016/j.eap.2021.01.010
Abstract: Abstract This paper uses multi-country, firm-level data covering 109 countries for the period 2005 to 2017, to examine the effects of bribery on export decisions for firms facing institutional constraints. Bribery consists of “greasing” and… read more here.
Keywords: level data; export; bribery; institutional constraints ... See more keywords
Intangibles and the UK under-investment puzzle: Evidence from firm-level panel data
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DOI: 10.1016/j.econlet.2020.109389
Abstract: Abstract This paper analyses the relationship between intangibles and the low business investment relative to Q at the firm-level. Using a large panel of UK firms, the findings suggest that a negative association exists between… read more here.
Keywords: panel; investment; intangibles investment; firm level ... See more keywords
A cost-benefit analysis of R&D and patents: Firm-level evidence from China
Sign Up to like & getrecommendations! Published in 2020 at "European Economic Review"
DOI: 10.1016/j.euroecorev.2020.103633
Abstract: Abstract We extend the empirical framework by Peters et al. (2017) to include both RD (2) On average an invention (a utility model) patent causes around 0.76 (0.66) percent increase in the firm value; (3) The… read more here.
Keywords: cost benefit; patents firm; analysis; firm level ... See more keywords