This paper shows how the rise of private equity has fueled non-bank participation in the U.S. syndicated loan market. Combining administrative data from the Shared National Credit register with buyout deals from Pitchbook, we find that PE-backed loans are associated with lower active bank...

Climate change is one of the main challenges to economic development in the 21st century. One proposed solution to mitigate climate change is to create a global market mechanism to incentivize greenhouse gas emissions (GHGs) reduction where some parties may purchase verified emissions reductions...

A new wave of international discussion on an international binding instrument on business and human rights was triggered by the proposal for a business and human rights treaty by some states, originally represented by Ecuador and South Africa. Through its resolution A/HRC/RES/26/9 in June 2014,...