This paper analyses the underlying assumptions of the double-entry bookkeeping system to show how we can expand this system to integrate ESG information in the financial data collection and reporting processes. Our analysis identifies five axioms that shape double-entry bookkeeping. By relaxing...

This paper adds to the growing body of work by investigating the impact of natural disasters on corporate social performance (CSP). Using a sample of 21,245 firm-year observations from 3,150 unique firms during the period of 2010-2019, we provide evidence on the causal effect of earthquake risk...

Is the formation of investor cliques associated with superior fund performance? Our analysis of more than 2,000 private equity real estate (PERE) funds over three decades reveals outstanding performance among PERE funds dominated by investor cliques. Specifically, cliques with a more extensive...

This study investigates whether corporate carbon performance matters to initiate mergers and acquisitions (M&As) to cope with climate change, based on the global 15,000 companies’ environmental research and development (R&D) investment, greenhouse gas (GHG) emissions performances, and M&A...

Syndication among venture capital firms (VCFs) is increasingly prevailing in recent years, especially in emerging markets like China. Some of the VCFs have to syndicate with “worse performers” despite the “better performer preference”. The primary aim of this article is to contribute to...

Recent years have seen constant pressure for more efficient management in the educational sector, and some studies have addressed the application of the Balanced Scorecard (BSC) in this sector. Analysis of this literature shows that theoretical developments in this research area are scarce, so...

Banks give great attention to identifying the risks of adopting FinTech and the extent of its negative impact on their business. This study aims to explore the relationship between the risks of adopting FinTech in banks and their impact on performance, where the balanced scorecard was used to...