This study utilizes China's ratification of the Paris Agreement in 2016 as a quasi-natural experiment to examine the effects of environmental regulation on green innovation within listed companies, particularly focusing on the role of urban shrinkage. Results show that environmental regulation...

This study investigates whether environmental, social and governance (ESG) disclosures are priced in capital markets and influence institutional investment in BRICS countries. It explores whether the credibility and financial impact of ESG signals depend on national governance quality.Using a...

Guarantees of Origin (GOs) certificates were introduced by European governments to reduce information asymmetry in electricity markets. By providing verified information on the origin of electricity, GOs enable consumers to credibly identify and demand electricity from renewable sources. This...

Drawing on signaling theory, this study investigates whether the environmental orientation of new ventures serves as an important signal related to funding outcomes. Analyzing a dataset of 2003 funding rounds completed in the U.S. during 2022, our findings reveal that the environmental...