We examine the interaction between market volatility, liquidity shocks, and stock returns in 41 countries over the period 1990–2015. We find liquidity is an important channel through which market volatility affects stock returns in international markets and we show this is distinct from the...

We show, using data for 57 countries over the 1990–2015 period, that investors' risk perceptions are an important determinant of international stock market liquidity. Increased risk perception reduces liquidity around the world, and its impact is not subsumed by other well-documented...

The monthly value of insider trades increases over 200% in firms headquartered in counties with a climate disaster. Climate-induced insider trading holds in general but is stronger when investors are distracted and less prevalent when insiders face higher litigation risk. Firm fundamentals...

This study empirically examines the impact of Electric Vehicles (EVs) and clean energy adoption on carbon footprints. With growing concerns over climate change and the need to reduce greenhouse gas emissions, the transition to electric vehicles and clean energy sources has gained significant...