Our study of 267 U.S. firms shows that improved environmental risk management is associated with a lower cost of capital. Our findings provide an alternative perspective on the environmental - economic performance relationship, which has been dominated by the view that improvements in economic...

This paper addresses the issues of rigor and relevance in organizational studies in the context of idea migration and journal evolution. The paper argues that creeping parochialism can happen to any journal, which reflects the evolving narrowness within boundaries of academic sub-communities....