Firm‐level climate change risk and CEO equity incentives
We document evidence that CEOs who lead firms that face higher climate change risk
(CCR) receive higher equity‐based compensation. Our finding is consistent with the …
(CCR) receive higher equity‐based compensation. Our finding is consistent with the …
Does corporate social responsibility help mitigate firm-level climate change risk?
The utility of corporate social responsibility (CSR), particularly during crisis times, has been
a puzzle in the literature while climate change issues increasingly threaten corporate …
a puzzle in the literature while climate change issues increasingly threaten corporate …
Political corruption and corporate payouts
Firms headquartered in more corrupt US environments (states) provide higher payouts to
their shareholders. Our results are robust to, for example propensity score matching …
their shareholders. Our results are robust to, for example propensity score matching …
Consequences of local social norms: A review of the literature in accounting, finance, and corporate governance
We synthesise the empirical archival research on the consequences of local social norms on
accounting, finance, and corporate governance outcomes in an international setting. The …
accounting, finance, and corporate governance outcomes in an international setting. The …
Political corruption and corporate social responsibility (CSR)
In this study we investigate the relationship between political corruption and corporate social
responsibility (CSR) strengths. We provide evidence that firms situated in US states with …
responsibility (CSR) strengths. We provide evidence that firms situated in US states with …
US political corruption and quarterly conference calls
We find that managers obfuscate during conference calls when their firm's headquarters is in
a politically corrupt state, and they do so to shield assets from corrupt officials. The positive …
a politically corrupt state, and they do so to shield assets from corrupt officials. The positive …
Corruption, cash holdings and firm performance: empirical evidence from an emerging market
Purpose This paper aims to examine the impact of corruption on firm performance
considering the interventional role of cash policy in the emerging market of Greece …
considering the interventional role of cash policy in the emerging market of Greece …
Political corruption shielding and corporate acquisitions
Corruption includes rent‐seeking behavior by public officials (eg, lavish in‐kind benefits and
monetary kickbacks for contracts/permits/regulatory leniency, improper political …
monetary kickbacks for contracts/permits/regulatory leniency, improper political …
US political corruption and loan pricing
Abstract Using US Department of Justice data on state‐level political corruption, we find that
banks charge higher loan spreads (all‐in‐drawn spreads) to firms in states with higher …
banks charge higher loan spreads (all‐in‐drawn spreads) to firms in states with higher …
The Dark Side of Family Embeddedness: Family Firms Engagement in Private-Sector Corruption
This research analyzes how family embeddedness affects the decision of owners in charge
of small entrepreneurial family firms operating in an emerging country to participate in …
of small entrepreneurial family firms operating in an emerging country to participate in …