Pub Date : 2024-05-24DOI: 10.1080/1351847x.2024.2355103
Giovanna Bua, Daniel Kapp, Federico Ramella, Lavinia Rognone
Under its climate regulation, the EU is expected to become the first continent with a net-zero emissions balance. We study the pricing of climate risks, physical and transition, within European mar...
{"title":"Transition versus physical climate risk pricing in European financial markets: a text-based approach","authors":"Giovanna Bua, Daniel Kapp, Federico Ramella, Lavinia Rognone","doi":"10.1080/1351847x.2024.2355103","DOIUrl":"https://doi.org/10.1080/1351847x.2024.2355103","url":null,"abstract":"Under its climate regulation, the EU is expected to become the first continent with a net-zero emissions balance. We study the pricing of climate risks, physical and transition, within European mar...","PeriodicalId":22468,"journal":{"name":"The European Journal of Finance","volume":"41 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141147576","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-05-20DOI: 10.1080/1351847x.2024.2355104
Messaoud Chibane, Amadeus Gabriel, Gabriel A. Giménez Roche
{"title":"The impact of bank money on stock market integration: evidence from the Eurozone","authors":"Messaoud Chibane, Amadeus Gabriel, Gabriel A. Giménez Roche","doi":"10.1080/1351847x.2024.2355104","DOIUrl":"https://doi.org/10.1080/1351847x.2024.2355104","url":null,"abstract":"","PeriodicalId":22468,"journal":{"name":"The European Journal of Finance","volume":"20 12","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141119406","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-05-09DOI: 10.1080/1351847x.2024.2345195
Zhang Xu, Qingbin Meng, Song Wang
{"title":"Digital transformation and innovation activities: evidence from publicly-listed firms in China","authors":"Zhang Xu, Qingbin Meng, Song Wang","doi":"10.1080/1351847x.2024.2345195","DOIUrl":"https://doi.org/10.1080/1351847x.2024.2345195","url":null,"abstract":"","PeriodicalId":22468,"journal":{"name":"The European Journal of Finance","volume":" 8","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140995338","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-05-07DOI: 10.1080/1351847x.2024.2343113
Ruixin Fan, Xiong Xiong, Youwei Li, Ya Gao
{"title":"Analysts’ forecast anchoring and discontinuous market reaction: evidence from China","authors":"Ruixin Fan, Xiong Xiong, Youwei Li, Ya Gao","doi":"10.1080/1351847x.2024.2343113","DOIUrl":"https://doi.org/10.1080/1351847x.2024.2343113","url":null,"abstract":"","PeriodicalId":22468,"journal":{"name":"The European Journal of Finance","volume":"5 2","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141004328","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-04-27DOI: 10.1080/1351847x.2024.2343111
Thomas Conlon, Rong Ding, Xing Huan, Zhifang Zhang
We study the impact of unexpected climate shocks on banks' individual and systemic risks. Employing climate risk measures developed using the Billion-Dollar Weather and Climate Disasters data from ...
{"title":"Climate risk and financial stability: evidence from syndicated lending","authors":"Thomas Conlon, Rong Ding, Xing Huan, Zhifang Zhang","doi":"10.1080/1351847x.2024.2343111","DOIUrl":"https://doi.org/10.1080/1351847x.2024.2343111","url":null,"abstract":"We study the impact of unexpected climate shocks on banks' individual and systemic risks. Employing climate risk measures developed using the Billion-Dollar Weather and Climate Disasters data from ...","PeriodicalId":22468,"journal":{"name":"The European Journal of Finance","volume":"4 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-04-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140808761","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-04-25DOI: 10.1080/1351847x.2024.2344065
Marc Domenic Fuchs, Jojo Jacob, Florian Kiesel
{"title":"Where the money is: branch network structure and bank profitability in Switzerland","authors":"Marc Domenic Fuchs, Jojo Jacob, Florian Kiesel","doi":"10.1080/1351847x.2024.2344065","DOIUrl":"https://doi.org/10.1080/1351847x.2024.2344065","url":null,"abstract":"","PeriodicalId":22468,"journal":{"name":"The European Journal of Finance","volume":"55 16","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-04-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140656603","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-04-16DOI: 10.1080/1351847x.2024.2333849
Theodora Bermpei, José M. Liñares‐Zegarra
{"title":"Local public corruption and corporate debt concentration: evidence from US firms","authors":"Theodora Bermpei, José M. Liñares‐Zegarra","doi":"10.1080/1351847x.2024.2333849","DOIUrl":"https://doi.org/10.1080/1351847x.2024.2333849","url":null,"abstract":"","PeriodicalId":22468,"journal":{"name":"The European Journal of Finance","volume":"25 38","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-04-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140696258","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-04-08DOI: 10.1080/1351847x.2024.2332712
José M. Liñares-Zegarra, John O. S. Wilson
We investigate access to finance for social enterprises, including those that are women and minority ethnic group (MEG) led. Using data from the UK Longitudinal Small Business Survey, we find that ...
{"title":"Access to finance for UK social enterprises","authors":"José M. Liñares-Zegarra, John O. S. Wilson","doi":"10.1080/1351847x.2024.2332712","DOIUrl":"https://doi.org/10.1080/1351847x.2024.2332712","url":null,"abstract":"We investigate access to finance for social enterprises, including those that are women and minority ethnic group (MEG) led. Using data from the UK Longitudinal Small Business Survey, we find that ...","PeriodicalId":22468,"journal":{"name":"The European Journal of Finance","volume":"13 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-04-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140598627","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This paper investigates the role of financial flexibility in sovereign-corporate rating nexus. Using a panel data of non-financial European firms rated by S&P during 2005–2022, we show that financi...
{"title":"Corporate sensitivity to sovereign credit distress: the mitigating effects of financial flexibility","authors":"Huong Vu, Patrycja Klusak, Shee-Yee Khoo, Rasha Alsakka","doi":"10.1080/1351847x.2024.2332718","DOIUrl":"https://doi.org/10.1080/1351847x.2024.2332718","url":null,"abstract":"This paper investigates the role of financial flexibility in sovereign-corporate rating nexus. Using a panel data of non-financial European firms rated by S&P during 2005–2022, we show that financi...","PeriodicalId":22468,"journal":{"name":"The European Journal of Finance","volume":"15 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140598642","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
We investigate how the cultural heritage of bank CEOs shapes the relationship between public corruption and the cost of syndicated loans in the US market. We show that banks led by CEOs that trace ...
{"title":"Lenders’ culture and the pricing of public corruption in corporate loans: evidence from the United States","authors":"Theodora Bermpei, Christine Christofi-Hau, Antonios Nikolaos Kalyvas","doi":"10.1080/1351847x.2024.2328214","DOIUrl":"https://doi.org/10.1080/1351847x.2024.2328214","url":null,"abstract":"We investigate how the cultural heritage of bank CEOs shapes the relationship between public corruption and the cost of syndicated loans in the US market. We show that banks led by CEOs that trace ...","PeriodicalId":22468,"journal":{"name":"The European Journal of Finance","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-03-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140205420","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}