Corporate customers are an important stakeholder in global supply chains. We employ
several unique international databases to test whether socially responsible corporate …

Using a panel of credit default swap (CDS) spreads and supply chain links, we observe that
both favorable and unfavorable credit shocks propagate through supply chains in the CDS …

We show that trade credit flows increase when a firm in a production network becomes a
less reliable supplier due to an operating shock. Affected firms extend more trade credit …

We investigate how product market competition affects corporate voluntary disclosure
decisions, specifically regarding supply-chain information. Our results, based on a sample of …

Using textual analysis of earnings conference calls, we quantify firms' supply chain risk and
its sources. Our proxy for supply chain risk exhibits large cross-sectional and time-series …

We document the impact of ESG shocks on the stock returns of suppliers and clients of
affected firms. Our empirical analysis of US stocks, along with their global clients and …

We find that credit risk propagates through multiple supply chain tiers for both positive and
negative credit shocks. Specifically, rating and industry-adjusted CDS spreads change by 44 …

Cross-firm predictability among economically linked firms can arise when both firms exhibit
their own momentum and their returns are contemporaneously correlated. We show that …

The interrelationships between upstream supplier firms and downstream customer firms—
popularly referred to as “supply-chain” relationships—constitute one of the most important …

We investigate the propagation of environmental performance among competitors and in
customer–supplier relationships. We find a significant causal effect among competitors …