This study investigates the effect of green-bond financing on energy efficiency investment for
green economic recovery. The fuzzy Analytic Hierarchy Process (AHP) technique was used …

A human-induced rise in temperatures is exacerbating droughts and other adverse weather
events. Fossil fuels as a primary energy source contribute to global warming. It is, therefore …

We explore the link between uncertainty in economic policy, firm-level FDI, and firm hedging
behavior–building upon a newspaper-based index of economic policy uncertainty (EPU) …

This theory note offers a detailed microanalysis of the benefits, costs, and limits to
international expansion to explain why multinational firms exist, in response to critiques …

We investigate the relation between derivatives use and corporations' cost of equity capital.
Using a large sample of non-financial firms, we compute and analyze (i) the relative cost of …

There is a growing literature on corporate social responsibility (CSR), but few have focused
on the implications of business groups for CSR. We examine the antecedents and outcomes …

We examine the relation between firms' foreign exchange exposure and the extent of their
multinationality as a proxy for operational hedging. Using a sample of 953 US firms over the …

This study examines the value effects of financial and operational hedging in a managed
floating exchange rate regime with strict limitations on the trading of Malaysian Ringgit for a …

This paper investigates the foreign exchange rate exposure and its determinants using the
data of all firms listed on the Chinese stock market from 2005 to 2018. We find significantly …

This article examines the impact of financial derivatives on systematic risk of publicly listed
US bank holding companies (BHCs) from 1997 to 2012. We find that the use of financial …