Corporate Culture: Evidence from the Field
Does corporate culture matter? Can differences in corporate culture explain why similar firms diverge with one succeeding and the other failing? To answer these
Does corporate culture matter? Can differences in corporate culture explain why similar firms diverge with one succeeding and the other failing? To answer these
We investigate carbon risk in global equity prices. We develop a measure of carbon risk using industry standard databases and study return differences between b
Since decades, the financial industry has experienced a continuous evolution in service delivery due to digitalization. This evolution is characterized by expan
Capital structure is still a puzzle among finance scholars. Purpose of this study is to review various capital structure theories that have been proposed in the
In this paper, we examine the yield premium of green bonds. We use a matching method, followed by a two-step regression procedure, to estimate the yield differe
Many individual investors, mutual funds and institutions trade as if dividends and capital gains are disconnected attributes, not fully appreciating that divide
What would you do if you were invited to play a game where you were given $25 and allowed to place bets for 30 minutes on a coin that you were told was biased t
The blockchain (i.e., a decentralized and encrypted digital ledger) has the potential to disrupt many traditional business models. This study investigates the e
This paper studies the long-term effects of redlining policies that restricted access to credit in urban communities. For empirical identification, we use a reg
A customers’ journey is the path the customer travels to satisfy their needs and wants and will typically consist of several separate processes. FinTech product
Given that Olympic Games held over the past decade each have cost USD 8.9 billion on average, the size and financial risks of the Games warrant study. The objec
Financial systems tend to be more market-based in higher income countries, where stock markets also become more active and efficient than banks. Financial sy
October 1996 A growing body of theoretical and empirical work would push even skeptics toward the belief that the development of financial markets and instit
This paper summarizes financial inclusion across Africa. First, it provides a brief overview of the African financial sector landscape. Second, it uses the Glob
Financial literacy programs are fast becoming a key ingredient in financial policy reform worldwide. Yet, what is financial literacy exactly and what do we know
For countries with underdeveloped financial systems, a move toward a more developed financial system reduces bank margins and profitability. Controlling for bot
Of the 27 major armed conflicts that occurred in 1999, all but two took place within national boundaries. As an impediment to development, internal rebellion es
This paper provides a review of the literature on the development impact of migration and remittances on origin countries and on destination countries in the So
This paper provides the first analysis of the Global Financial Inclusion (Global Findex) Database, a new set of indicators that measure how adults in 148 econom
An export orientation is the strongest variable explaining why a country attracts foreign direct investment. Singh and Jun expand on earlier studies of the d