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ESG Integration under Asymmetric Information

Chang, Dongkyu; Rhee, Keeyoung; Yoon, Aaron - 2023

We present a model of ESG integration where borrowers can deviate from ESG promises ex-post. Borrowers are incentivized to pursue ESG projects only when lenders can charge a high borrowing rate, which decreases the borrowers’ private benefit from pursuing financial returns. In the presence of...

Persistent link: https://www.econbiz.de/10014254730

The role of networks in helping firms and countries invent new competitive strategies adapted to the world knowledge economy

Baulant, Camille - In: Journal of economic issues : jei 49 (2015) 2, pp. 563-573

Persistent link: https://www.econbiz.de/10011427846

Abusive Global Platform Dominance or Competition on the Merits?

Chirita, Anca D. - 2021

abuse of the large-scale accumulation of data should fall under data or privacy laws, this article argues that competition … law should investigate whether global platform competition has been established on merit alone and how digital dominance … has been strengthened through the downfall of emerging competition (the exclusionary harm) and the excessive combination …

Persistent link: https://www.econbiz.de/10013229288

Culture as a determinant of competitive advantage in trade

Mornah, Dekuwmini; MacDermott, Raymond - In: International journal of business and economic sciences … 9 (2016) 1, pp. 69-76

Purpose: Culture plays a role in international trade much as it does in any other human activity. Attitudes and ways of life do matter even when a lucrative business opportunity exists, especially across national borders. This paper examines which aspects of culture give countries competitive...

Persistent link: https://www.econbiz.de/10011493847