We examine the relationship between economic policy uncertainty, information disclosure and stock liquidity using a large sample of Chinese firms. We first establish that economic policy uncertainty leads to declining stock liquidity. Next, we provide evidence that managers respond to...

We examine the impact of economic policy uncertainty on innovation using cross-country industry data and how country institutions moderate this relationship. Our findings show that economic policy uncertainty impedes innovation output and quality. Our study uncovers three economic mechanisms...

Policymakers and managers have increasingly adopted green bonds as a direct fnancing tool to address environmental degradation and climate change in emerging economies; however, the increasing green washing sentiments in the green bond market raise questions on whether green bonds can nudge...

Exploiting the staggered adoption of corporate social responsibility (CSR) disclosure laws as a quasi-natural experiment and the difference in difference(DID) approach, we find that firms in countries that adopted CSR disclosure laws increased their green innovation output and quality relative...