Impact of Environmental, Social and Governance (ESG) disclosure on firm risk: A meta‐analytical review
Sign Up to like & getrecommendations! Published in 2024 at "Corporate Social Responsibility and Environmental Management"
DOI: 10.1002/csr.2725
Abstract: While the relationship between ESG disclosures and firm risk has been researched substantially, the results remain inconclusive, and contradictory, as of 2023. Through meta‐analysis, we investigate the effect of ESG disclosures measured by studies using… read more here.
Keywords: disclosure; firm risk; esg disclosures; risk ... See more keywords
Does financial flexibility drive firm's risk‐taking in emerging markets? The moderating role of investment efficiency
Sign Up to like & getrecommendations! Published in 2024 at "Managerial and Decision Economics"
DOI: 10.1002/mde.4337
Abstract: Using a sample of 2301 listed firms from emerging markets for 2014–2023, we examine the effect of financial flexibility (FF) on firm risk‐taking (FRT) and how this relationship is moderated by investment efficiency (INVEFF). GMM… read more here.
Keywords: firm risk; risk taking; financial flexibility; investment efficiency ... See more keywords
ESG performance and firm risk in the U.S. financial firms
Sign Up to like & getrecommendations! Published in 2024 at "Review of Financial Economics"
DOI: 10.1002/rfe.1208
Abstract: This study examines the association between the environmental, social, and governance (ESG) performance and firm risk in U.S. financial firms. We find a significant negative association between the composite ESG performance and total, idiosyncratic, and… read more here.
Keywords: firm risk; esg performance; risk; performance firm ... See more keywords
Social Performance and Firm Risk: Impact of the Financial Crisis
Sign Up to like & getrecommendations! Published in 2018 at "Journal of Business Ethics"
DOI: 10.1007/s10551-016-3017-x
Abstract: Abstract This paper examines the impact of the recent financial crisis (2008–2009) on the relation between a firm’s risk and social performance (SP) using a sample of non-financial U.S. firms covering the period 1991–2012. We… read more here.
Keywords: risk; social performance; financial crisis; firm risk ... See more keywords
Does board gender diversity affect firm risk-taking? Evidence from the French stock market
Sign Up to like & getrecommendations! Published in 2019 at "Journal of Management and Governance"
DOI: 10.1007/s10997-019-09473-1
Abstract: Drawing from a sample of French companies that made up the SBF 120 index over the period 2006–2010 (before the enactment of the Cope–Zimmermann law on gender quotas on boards), this paper investigates the relationship… read more here.
Keywords: risk taking; firm risk; board gender; gender diversity ... See more keywords
The effect of co-opted directors on firm risk during a stressful time: Evidence from the financial crisis
Sign Up to like & getrecommendations! Published in 2020 at "Finance Research Letters"
DOI: 10.1016/j.frl.2020.101538
Abstract: Abstract Co-opted directors are those appointed after the incumbent CEO assumes office. Prior research shows that co-opted directors affect the quality of board monitoring. We explore how co-opted directors influence firm risk during a stressful… read more here.
Keywords: risk; opted directors; firm risk; risk stressful ... See more keywords
Strategic orientation and firm risk
Sign Up to like & getrecommendations! Published in 2019 at "International Journal of Research in Marketing"
DOI: 10.1016/j.ijresmar.2019.01.004
Abstract: Abstract Entrepreneurial orientation (EO) and market orientation (MO) have received substantial conceptual and empirical attention in the marketing and management literature and both orientations have consistently been linked to stronger financial performance. Yet the way… read more here.
Keywords: orientation; strategic orientation; orientation firm; risk ... See more keywords
The (non-) effect of labor unionization on firm risk: Evidence from the options market
Sign Up to like & getrecommendations! Published in 2020 at "Journal of Corporate Finance"
DOI: 10.1016/j.jcorpfin.2020.101816
Abstract: Abstract Labor unionization has no causal effect on firm risk. Using a regression discontinuity design to study the impact of labor union elections on option-implied firm risk, we find that unionization per se does not… read more here.
Keywords: unionization; risk; labor; firm ... See more keywords
Managerial interlocking networks and firm risk spillover: evidence from China
Sign Up to like & getrecommendations! Published in 2024 at "International Journal of Managerial Finance"
DOI: 10.1108/ijmf-01-2023-0002
Abstract: PurposeThis paper examines the effect of managerial interlocking networks (MINs) on firm risk spillover by using a sample of Chinese A-share listed firms.Design/methodology/approachApplying the complex network approach, we build managerial interlocking networks (MINs) and leverage… read more here.
Keywords: firm risk; interlocking networks; risk; managerial interlocking ... See more keywords
Risk disclosure, earnings smoothing and firm perceived risk
Sign Up to like & getrecommendations! Published in 2024 at "Journal of Financial Reporting and Accounting"
DOI: 10.1108/jfra-12-2023-0778
Abstract: Purpose This paper aims to examine the association between perceived firm risk and two reporting mechanisms: risk disclosure and earnings smoothing in the UK context. Design/methodology/approach This study juxtaposes three competing views, the “null”, the… read more here.
Keywords: firm risk; risk; firm perceived; earnings smoothing ... See more keywords
Innovations and Ambidextrous Transition: Mitigating Earnings Management and Firm Risk in China
Sign Up to like & getrecommendations! Published in 2024 at "IEEE Transactions on Engineering Management"
DOI: 10.1109/tem.2023.3325275
Abstract: Intrigued by recent earning management scandals of Chinese public firms, we investigate the relationships between innovations, earnings management, and firm risk in China. Drawing on innovation literature and Teece's profiting from innovation (PFI) framework, we… read more here.
Keywords: earnings management; management; firm risk; ambidextrous transition ... See more keywords