... Financial crisis Entrepreneurial finance Firm performance Capital structure E51 G01 G18 M21 O16 G01 G18 E51%2C O16 M21 Previous studies suggest an increasing prevalence of zombie firms since the mid-1980s, primarily focusing on their impacts on productivity, growth...

... Risk Firm performance Sustainability G31 G32 L25 Our findings reveal that green bonds significantly and negatively affect a firm’s cost of capital, reducing the cost of debt, equity, and associated tax costs. Additionally, firms issuing green bonds exhibit lower risk, as evidenced...

... Board gender diversity Group dynamics Firm risk Firm performance There is some evidence that women who choose to have careers in finance and/or are on company boards behave differently and may be less risk-averse than women in the general population. Adams and Funk (2012) use a survey...

... and the level of investor protection interact with the firm-level corporate governance and affect firm performance. Design/methodology/approach The authors used the “G-Index” governance score developed by the Governance Metrics International rating for a sample of 12,728 firm-year observations from 23...

... and passive investments, testing rarely considered characteristics to provide valuable insights and analyzing the effect of activism on the target firm’s performance, the study contributes variously to the still-limited body of literature on private equity activism in public companies with a governance...