...&D Firm value Market concentration F1 G1 G3 Climate change and environmental issues have captured the attention of both shareholders and stakeholders, including academicians, to focus on the climate change performance of the countries. The country-level climate change performance...

...)- is ultimately reflected in firm value. Design/methodology/approach The study employs multiple linear regression including Weighted Least Squares (WLS) regression, economic significance test, Heckman two-step selection model, propensity score-matched (PSM), entropy balancing and two-stage least squares (2SLS...

..., our study is the first to investigate the impact of firm-level climate risk disclosure on shareholder wealth. Climate change Risk disclosure Paris agreement Event study Firm value Earnings conference calls Text mining Q54 G14 G38 Climate change is one of the most pressing...

... cash holdings policies might be detrimental to firm value for two reasons. First, by closely following peer firms' liquidity management policies, managers may overlook a firm's competitive strengths that are critical for survival and growth. Second, synonymous with herding behaviour in market...

... the association between environmental commitments and firm value, the authors use the COVID-19 crisis as an exogenous shock and create a perfect natural setting to eliminate the endogeneity bias from our estimations. Moreover, the authors use propensity score matching to choose a one-to-one match of green bond...

..., male directors are better in balancing distinct stakeholders' interests and will focus on profit-maximizing CSR. Therefore, we predict the following: Sustainability Firm value Board of directors Female directors We identify two instruments for female representation on corporate boards...

... of the current corporate governance frameworks in place. Originality/value This study incorporates the country-specific institutional dimension in designing a research framework that is more relevant in examining the influential effect of governance-related characteristics on the diversification-firm value...

.../methodology/approach This paper tests an alternative hypothesis that if CSR investment is indeed an agency cost like the over-investment hypothesis suggests, then those activities may destroy firm value. Findings Using CEO pay slice (Bebchuk et al., 2011), CEO tenure, and CEO duality to measure...

...Shaista Wasiuzzaman Purpose – The purpose of this paper is to examine the relationship between working capital efficiency and firm value and the influence of financing constraints on this relationship. Design/methodology/approach – Data from 192 firms spanning a period of ten years (1999...