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Do firms benefit from carbon risk management? Evidence from the credit default swaps market
16 references·0 citing·47 second hopsampled
Do firms benefit from carbon risk management? Evidence from the credit default swaps market (2025)Do firms benefit from carbon risk managem…Firm‐Level Climate Change Exposure (2023)Firm‐Level Climate Change Exp…The Importance of Climate Risks for Institutional Investors (2019)The Importance of Climate Ris…Hedging Climate Change News (2019)Hedging Climate Change NewsDo Investors Care about Carbon Risk? (2019)Do Investors Care about Carbo…Aggregate Confusion: The Divergence of ESG Ratings (2019)Aggregate Confusion: The Dive…Corporate Green Bonds (2018)Corporate Green BondsSocially Responsible Firms (2014)Socially Responsible FirmsCorporate goodness and shareholder wealth (2014)Corporate goodness and shareh…Corporate Social Responsibility and Shareholder Reaction: The Environmental Awareness of Investors (2012)Corporate Social Responsibili…Forecasting Default with the Merton Distance to Default Model (2008)Forecasting Default with the …Estimating Standard Errors in Finance Panel Data Sets: Comparing Approaches (2006)Estimating Standard Errors in…Agency Costs, Risk Management, and Capital Structure (1998)Agency Costs, Risk Management…The Impact of Environmental Management on Firm Performance (1996)The Impact of Environmental M…Risk Management: Coordinating Corporate Investment and Financing Policies (1993)Risk Management: Coordinating…The Determinants of Firms' Hedging Policies (1985)The Determinants of Firms' He…ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* (1974)ON THE PRICING OF CORPORATE D…On the Pricing of Corporate Debt: The Risk Structure of Interest Rates (1974)Forecasting Bankruptcy More Accurately: A Simple Hazard Model (2001)Credit Spreads and Business Cycle Fluctuations (2012)Uncertainty, Financial Frictions, and Investment Dynamics (2014)Predictably Unequal? The Effects of Machine Learning on Credit Markets (2021)Data in Search of a Theory: A Critical Examination of the Relationships Among Social Performance, Social Disclosure, and Economic Performance of U.S. Firms (1985)Restoring Our Competitive Edge: Competing through Manufacturing. (1985)Using daily stock returns (1985)Misery Loves Companies: Rethinking Social Initiatives by Business (2003)A framework of sustainable supply chain management: moving toward new theory (2008)What We Know and Don’t Know About Corporate Social Responsibility (2012)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)The Pricing of Options and Corporate Liabilities (1973)Option pricing when underlying stock returns are discontinuous (1976)The valuation of options for alternative stochastic processes (1976)An equilibrium characterization of the term structure (1977)On financial contracting (1979)Optimal capital structure under corporate and personal taxation (1980)The investment opportunity set and corporate financing, dividend, and compensation policies (1992)Managerial incentives and risk-taking☆ (2005)The relationship between corporate social responsibility and shareholder value: an empirical test of the risk management hypothesis (2008)WHAT'S IN A NAME? REPUTATION BUILDING AND CORPORATE STRATEGY. (1990)The theory and practice of corporate finance: evidence from the field (2001)Identifying careless responses in survey data. (2012)Sustainable investing in equilibrium (2020)Risk, Return, and Equilibrium: Empirical Tests (1973)A Simple Model of Capital Market Equilibrium with Incomplete Information (1987)Firms and social responsibility: A review of ESG and CSR research in corporate finance (2021)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Determinants of corporate borrowing (1977)Corporate financing and investment decisions when firms have information that investors do not have (1984)The Cash Flow Sensitivity of Cash (2004)Why Do U.S. Firms Hold So Much More Cash than They Used To? (2009)Specification Tests in Econometrics (1978)Econometric Analysis of Cross Section and Panel Data (2001)Robust Standard Errors for Panel Regressions with Cross-Sectional Dependence (2007)Robust Inference With Multiway Clustering (2011)Policy Uncertainty and Corporate Investment (2015)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Job Market Signaling (1973)Common risk factors in the returns on stocks and bonds (1993)Climate Risk Disclosure and Institutional Investors (2023)Intraclass correlations: Uses in assessing rater reliability. (1979)No Contagion, Only Interdependence: Measuring Stock Market Comovements (2002)Content Analysis: An Introduction to Its Methodology (2019)Why is Corporate Virtue in the Eye of The Beholder? The Case of ESG Ratings (2021)
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References

  • 2006Estimating Standard Errors in Finance Panel Data Sets: Comparing Approaches11,238 cited
  • 1974ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES*11,230 cited
  • 2019Aggregate Confusion: The Divergence of ESG Ratings4,251 cited
  • 2019Do Investors Care about Carbon Risk?3,593 cited
  • 1985The Determinants of Firms' Hedging Policies3,270 cited
  • 2019The Importance of Climate Risks for Institutional Investors3,191 cited
  • 2018Corporate Green Bonds3,109 cited
  • 1993Risk Management: Coordinating Corporate Investment and Financing Policies2,897 cited
  • 1996The Impact of Environmental Management on Firm Performance2,729 cited
  • 2008Forecasting Default with the Merton Distance to Default Model2,220 cited
  • 2014Corporate goodness and shareholder wealth1,962 cited
  • 2012Corporate Social Responsibility and Shareholder Reaction: The Environmental Awareness of Investors1,742 cited
  • 2019Hedging Climate Change News1,532 cited
  • 1998Agency Costs, Risk Management, and Capital Structure1,495 cited
  • 2023Firm‐Level Climate Change Exposure1,457 cited
  • 2014

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Socially Responsible Firms
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