We examine how natural disasters affect the corporate environmental, social, and
governance (ESG) disclosure policies of firms located close to disaster areas. We study firms …

In recent years, a series of intense precipitation events has drawn public attention to the
issue of extreme rainfall. This study examines the impact of precipitation anomalies on …

We find that firms located in US counties with higher sea level rise (SLR) risk engage less in
future‐oriented activities, that is, lower corporate social responsibility performance, lower …

Using a large sample of Chinese listed industrial firms from 2009 to 2019, this study
investigates the effect of firm-level carbon risk on dividend policy. We find that carbon risk …

We study how bank residential mortgage lending standards are affected by risks to the local
economy from natural disasters. We find that banks tighten lending standards in disaster-hit …

Using a firm's geographic footprint to measure its exposure to sea level rise (SLR), I find that
corporate bonds bear a climate risk premium upon issuance. A one standard deviation …

Using a 2009–2019 sample of Chinese bond issuers, we examine the effect of carbon risk
on bond financing costs. Relative to low carbon risk issuers, high carbon risk issuers have …

We survey the microeconomics literature that studies how firms in the developing world are
adapting to extreme weather, local pollution, and natural disasters. Climate change …

As climate has changed over the last 4 decades so has awareness of the severe
consequences that such changes can bring. Most companies, however,“are underestimating …

We show that climate priorities codified in regulations significantly impact firms' access to
credit, especially long‐term credit, an important financial resource required for achieving …