There is a growing awareness that climate change is a new source of risk to the financial
system, but cross-country evidence on the impact of climate risk on financial stability is …

The current study examines the relationship between non-economic goals and individual
investors' attributes. The individual investors' characteristics include collectivism …

This paper analyses the relationship between informal institutions measured by social trust
and the provision of private credit. Research on the trust–finance relationship abounds …

Whereas there is substantial evidence that economic freedom generates positive growth
effects, much less is known about how social values impact the institutional framework …

We find that capital flows to hedge funds in different countries are influenced by the strength
and the enforcement of investor protection laws. Hedge funds located in weak investor …

Stock markets augment industries by raising and circulating capital in the economic system.
This article examines the relationship between economic policy uncertainty (EPU) shocks …

Although a growing number of countries are experiencing structural societal changes
characterised by an increased prominence of post materialistic societal goals and personal …

Direct tax revenues vary significantly, in the percentage of GDP, in selected countries. This
difference is coming for various reasons. Our aim in this paper is to emphasize that there is a …

In this paper, we examine the influence exerted by formal and informal institutions on
financial investment behaviour across households from 25 European countries. Our results …

The research problem This paper explores the association between postmaterialistic culture
and corporate tax-avoidance behavior. Motivation Although corporate tax avoidance is …