A longstanding debate in finance concerns the impact of social responsibility actions on firms' long-term profitability. This study provides a broad analysis on the relationship between ESG, its components, and stock returns. Using a dataset that spans from December 2014 to December 2023, this...

Based on the work by Buettner (2017) showing a personality-based recommender system for electronic markets using social media data, we extend the work by proposing a novel deep learning-based engine to predict the user’s personality just based on electroencephalographic brain data. As...

Scholars have called for additional research into the antecedents to corporate political activity (CPA), including why firms may engage in specific kinds of CPA. In response, in what we believe to be a first-of-itskind study, we rely on upper echelons theory to explore the relationship between...

Using matched employer-employee data for Germany, we estimate firm production functions augmented with workers' personality traits. We find that emotional stability is the only trait that positively affects firm productivity. Its effect shows up mainly in large firms operating with a higher than...

Using survey data from Austrian households, this paper examines how personality traits influence households' inflation expectations. We measure the Big Five personality traits and show they explain 70 % more of the differences in expectations than sociodemographic factors like age and income...

This study documents a new fact about educational production: Students' relative standing in noncognitive skills has lasting effects on educational trajectories that are distinct from those of absolute skill levels and cognitive achievement. Using administrative data covering the universe of...