Does carbon emission trading scheme inhibit corporate executives' pursuit of excess compensation? Evidence from a quasi-natural experiment in China
Energy Economics,
Год журнала:
2024,
Номер
139, С. 107870 - 107870
Опубликована: Авг. 28, 2024
Язык: Английский
Italian firms’ trading behavior in the European carbon market
Economia Politica,
Год журнала:
2025,
Номер
unknown
Опубликована: Фев. 10, 2025
Язык: Английский
Carbon Emissions, Firm‐Level Climate Change Exposure, and Corporate Cash Reserves
Business Strategy and the Environment,
Год журнала:
2025,
Номер
unknown
Опубликована: Март 13, 2025
ABSTRACT
This
study
examines
the
relationships
between
carbon
emissions,
firm‐level
climate
change
exposure,
and
corporate
cash
reserves,
with
a
focus
on
whether
exposure
mediates
link
emissions
holdings.
Using
dataset
of
15,889
firm‐year
observations
from
2,537
firms
across
51
countries
during
period
2002
to
2021,
findings
reveal
partial
mediating
effect
relationship
reserves.
Specifically,
higher
risks
tend
exhibit
increased
as
reflected
in
earnings
conference
calls,
which
subsequently
leads
pattern
is
consistent
both
general
indicators
firm‐specific
vulnerabilities
regulatory
changes.
Furthermore,
results
remain
robust
after
addressing
endogeneity
concerns
through
difference‐in‐difference
estimations
based
Paris
Agreement
(COP21)
event.
These
insights
deepen
our
understanding
how
high‐carbon‐emitting
adjust
their
management
strategies
response
market
about
change.
Язык: Английский
Corporate Climate Risk and Membership of Emission Trading Schemes
Business Strategy and the Environment,
Год журнала:
2025,
Номер
unknown
Опубликована: Апрель 13, 2025
ABSTRACT
Using
a
sample
of
5364
firms
from
65
countries,
we
demonstrate
that
membership
in
the
scheme
increases
firm
climate
risk.
Further
analysis
reveals
positive
impact
on
risk
is
pronounced
among
carbon‐intensive
industries.
Our
findings
continental
differences
and
legal
origin
could
moderate
or
exacerbate
relationship
between
emission
trading
schemes
(ETSs)
corporate
Similarly,
ETSs
only
significant
period
after
Paris
Agreement.
This
indicates
public
interest
change
discussions
may
have
driven
initiative
rather
than
reflecting
real
commitment
to
reducing
carbon
emissions.
Additionally,
show
has
short‐
medium‐term
effects
results
are
robust
battery
tests
such
as
propensity
score
matching
(PSM)
generalized
method
moments
(GMM).
Язык: Английский
From green to digital: Exploring the role of ecological footprints on cybersecurity risk
Energy Economics,
Год журнала:
2025,
Номер
146, С. 108546 - 108546
Опубликована: Апрель 30, 2025
Язык: Английский
Blank Pages, Heavy Pockets: The Impact of Local U.S. Daily Newspaper Closures on Corporate Cash Holdings
SSRN Electronic Journal,
Год журнала:
2024,
Номер
unknown
Опубликована: Янв. 1, 2024
This
study
investigates
the
influence
of
local
newspaper
closures
on
corporate
cash
holdings
behaviour
through
a
difference-in-differences
analysis,
utilising
hand-collected
data
staggered
from
1986
to
2021
as
exogenous
shocks.
Our
research
shows
that
absence
media
weakens
monitoring,
prompting
firms
increase
by
24-37%.
Results
are
validated
placebo
tests,
propensity
score
matching,
and
dynamic
effects.
Furthermore,
we
employ
governance
scores,
CEO
pay
gaps,
institutional
shareholders,
internal
monitoring
mechanisms,
finding
weaker
amplifies
impact
closures.
When
newspapers
leave,
corporations
unconstrained,
leveraged,
have
lower
investment
levels
tend
hoard
more
cash.
Additionally,
our
analysis
demonstrates
flow
sensitivity
increases,
marginal
value
declines
when
stockpile
following
Язык: Английский
Análisis de la tenencia del dinero en efectivo como activo circulante en México
LATAM Revista Latinoamericana de Ciencias Sociales y Humanidades,
Год журнала:
2024,
Номер
5(1)
Опубликована: Фев. 29, 2024
El
objetivo
de
la
investigación
es
analizar
las
implicaciones
fiscales
y
financieras
del
manejo
dinero
en
efectivo,
a
fin
garantizar
su
función
esencial
que
asegure
suficiente
liquidez
para
cubrir
operaciones
diarias
cumplir
con
obligaciones
financieras,
por
lo
se
plantean
como
preguntas
¿Qué
ventajas
desventajas,
riesgos
amenazas
tiene
el
efectivo
una
empresa?
incidencia
fiscal
financiera
estudio
deriva
hechos
observables,
aplicó
metodología
enfoque
mixto,
tipo
exploratorio
descriptivo,
método
sistemático
revisión
literatura
científica
exegético
interpretación
marco
jurídico
fiscal.
Bajo
un
diseño
no
experimental
aplicaron
técnicas
observación,
análisis
e
interpretación.
Como
resultado
destaca
mayoría
los
mexicanos
prefieren
lugar
resguardarlo
instituciones
bancarias,
dado
que,
principal
destino
consumo
final
ahorro
informal,
siendo
tandas
o
cundinas,
forma
informal
resguardo
casa.
En
conclusión,
mexicanos,
usan
disponen
mediante
algún
canal
bancario
cajero
automático,
sucursal
bancaria,
pago
terminal
bancaria
medio
express
están
obligados
informar
autoridad
evitar
sean
considerados
recursos
procedencia
ilícita,
además
mitigar
evasión
México.