Keywords: QARDL
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Journal Articles
Journal of Economic and Administrative Sciences 1–20.
Published: 01 September 2026
... from 1990 to 2024. The quantile autoregressive distributed lag (QARDL) model is applied to capture both short- and long-run effects across different states of financial risk. Findings ESG improvements lower spreads, with the strongest effects during stress periods. Governance emerges as the most...
Includes: Supplementary data

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