This study examines the impact of information environment in capital markets on a firm’s stakeholder paradigm. We integrate research on time horizons with stakeholder theory to unravel both the choice between shareholder diagram and stakeholder diagram, and the choice between generic and...

This paper examines the impacts of air pollution on criminal activities by exploiting three dimensions of variations in a rich quasi-experiment: the NOx Budget Trading Program. This program has been well documented to decrease air pollution concentrations in participating states. Employing a...

This paper examines the impact of terrorism on economic growth and capital formation using data for 152 countries from 1970 to 2003.During the past thirty-five years, the world has witnessed nearly twenty thousand terrorist incidents. The increasingly global scope of terrorism has raised...