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Keywords: Paris agreement
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Journal Articles
Journal of Accounting Literature (2026) 48 (5): 357–388.
Published: 20 April 2026
... that increased exposure to biodiversity risk is associated with lower dividend payouts. Cash flow and earnings volatility act as channels driving this relationship. We also find that firm life cycle, financial constraints, CEO age, and withdrawal from the Paris Agreement moderate this relationship...
Journal Articles

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