Does environmental regulation affect analyst forecast bias? Evidence from China's low-carbon pilot policy

Y Sun, K Wu, S Liu, Y Hong - Journal of Environmental Management, 2024 - Elsevier
This study investigates the impact of China's Low-Carbon Pilot Policy on analyst forecast
behaviors. Using a staggered difference-in-difference approach, we find that the program …

Green transition and financial stability: The role of green monetary and macroprudential policies and vouchers

YT Chan, MT Punzi, H Zhao - Energy Economics, 2024 - Elsevier
This paper analyzes a mix of alternative policies in supporting the green transition and the
phase-out of fossil fuels, without compromising financial stability. An environmental dynamic …

Does climate change affect the financial stability of Sub-Saharan African countries?

GM Ayele, FL Fisseha - Climatic Change, 2024 - Springer
This study examined how climate change impacts the financial stability of Sub-Saharan
Africa (SSA) using panel data spanning from 2010 to 2018. Using the System Generalized …

Dampak Peraturan Lingkungan, Knowledge Management Terhadap Kinerja Keuangan Perusahaan Manufaktur di Jawa Barat

C Hakim - Sanskara Akuntansi Dan Keuangan, 2023 - sj.eastasouth-institute.com
Penelitian ini mengeksplorasi dampak dari peraturan lingkungan dan manajemen
pengetahuan terhadap kinerja keuangan perusahaan manufaktur di Jawa Barat, Indonesia …

Beyond transparency: Unpacking the financial effects of third-party environmental disclosure in China's semiconductor sector

I Alnafrah, CJ Ding, L Qing - Journal of Environmental Management, 2024 - Elsevier
This study aims to investigate the impact of third-party environmental information disclosure
(EiD) on the corporate financial performance (CFP) of Chinese semiconductor companies …

Climate policies, macroprudential regulation, and the welfare cost of business cycles

B Annicchiarico, M Carli, F Diluiso - 2023 - papers.ssrn.com
We compare the performance of a carbon tax and a cap-and-trade scheme in a dynamic
stochastic general equilibrium model that includes an environmental externality and agency …

The role of macroprudential policies under carbon pricing

MT Punzi - International Review of Economics & Finance, 2024 - Elsevier
This paper analyses the effectiveness of macroprudential policy on macro-financial
fluctuations when the government enforces carbon pricing to reduce carbon emissions and …

How carbon risk affects corporate debt defaults: Evidence from Paris agreement

J Wang, H Qiang, Y Liang, X Huang, W Zhong - Energy Economics, 2024 - Elsevier
There is an increasing concern in traditional energy industries (eg, oil and coal) due to the
high carbon emissions they produce. In an attempt to achieve carbon emission reduction …

Heterogeneity in the effect of green financing constraints on labor investment efficiency: A causal forest approach

T Liu, J Liu, TCF Cheng - Economic Modelling, 2025 - Elsevier
This study evaluates the heterogeneous effects of green credit policy on labor investment
efficiency. We analyze Chinese listed firms from 2005 to 2020 using the difference-in …

Macroeconomic impact of environmental policy uncertainty and monetary policy implications

B Huang, MT Punzi - Journal of Climate Finance, 2024 - Elsevier
This paper evaluates the macroeconomic implications of uncertainty arising from delays or
unpredictability regarding the timing and extent of environmental policy implementation. An …