How does economic policy uncertainty affect corporate risk-taking? Evidence from China
F Wen, C Li, H Sha, L Shao - Finance Research Letters, 2021 - Elsevier
Using the firm-level data from China over the time period 2007-2018, we investigate how
EPU affect the corporate risk-taking. Our empirical results show that EPU can significantly …
EPU affect the corporate risk-taking. Our empirical results show that EPU can significantly …
Does geopolitical risk matter for corporate investment? Evidence from emerging countries in Asia
This paper examines the effect of geopolitical risk on corporate investment in emerging
Asian countries. Using an extensive sample spanning 1995–2018, we find that geopolitical …
Asian countries. Using an extensive sample spanning 1995–2018, we find that geopolitical …
Economic policy uncertainty and bank stability: Threshold effect of institutional quality and competition
This study examines the effect of economic policy uncertainty (EPU) on bank stability using
bank-level panel data from 2005 to 2019. The findings show that EPU decreases bank …
bank-level panel data from 2005 to 2019. The findings show that EPU decreases bank …
Economic policy uncertainty, stakeholder engagement, and environmental, social, and governance practices: The moderating effect of competition
Ç Vural‐Yavaş - Corporate Social Responsibility and …, 2021 - Wiley Online Library
This paper investigates the effect of the economic policy uncertainty (EPU) on corporate
environmental, social, and governance practices (ESG), using 6,562 firm‐year observations …
environmental, social, and governance practices (ESG), using 6,562 firm‐year observations …
Macro uncertainty impacts on ESG performance and carbon emission reduction targets
M Alandejani, H Al-Shaer - Sustainability, 2023 - mdpi.com
This study examines the impact of three macro uncertainty factors: economic policy
uncertainty (EPU), political instability (PIS), and cultural uncertainty avoidance (UA), on …
uncertainty (EPU), political instability (PIS), and cultural uncertainty avoidance (UA), on …
Political uncertainty and stock market liquidity, size, and transaction cost: The role of institutional quality
F Obenpong Kwabi, E Adegbite… - … Journal of Finance & …, 2024 - Wiley Online Library
Using panel data of 42 countries from 2001 to 2019, we examine whether political
uncertainty (caused by uncertainty about national elections) explains variations in cross …
uncertainty (caused by uncertainty about national elections) explains variations in cross …
Economic policy uncertainty, bank loan, and corporate innovation
J Tian, H Li, P You - Pacific-Basin Finance Journal, 2022 - Elsevier
We explore the impact of EPU on corporate innovation and identify the mediating role of
bank loans in the transmission process to better understand the influencing factors of …
bank loans in the transmission process to better understand the influencing factors of …
Corporate risk-taking in developed countries: The influence of economic policy uncertainty and macroeconomic conditions
Ç Vural-Yavaş - Journal of Multinational Financial Management, 2020 - Elsevier
Abstract Using 74,974 firm-year observations covering 15 developed European countries
over the time period 1999–2017, this paper explores the effect of economic policy …
over the time period 1999–2017, this paper explores the effect of economic policy …
Firm-level political risk and debt choice
We examine the effect of firm-level political risk on debt choices and find:(i) firms with higher
political risk display a preference for private debt over public debt;(ii) the magnitude of this …
political risk display a preference for private debt over public debt;(ii) the magnitude of this …
Does ESG performance enhance financial flexibility? Evidence from China
D Zhang, L Liu - Sustainability, 2022 - mdpi.com
Environmental, social, and governance (ESG) performance may be one of the strategies
firms adopt to enhance their financial flexibility in response to an increasingly uncertain …
firms adopt to enhance their financial flexibility in response to an increasingly uncertain …