Qian, Xianhang; Qiu, Shanyun; Yang, Xue - In: Journal of multinational financial management 75 (2024), pp. 1-18
Utilizing survey data for firms from 40 countries, we explore the impact of extreme weather exposure on corporate … losses due to extreme weather events. These results persist after considering endogeneity concerns, including placebo tests … countries with superior climate protection and lower levels of carbon emissions. Furthermore, the effect of extreme weather …