Purpose The purpose of this paper is to examine investor reactions to auditor opinions containing
qualifications or an emphasis of matter paragraph related to going concern uncertainty …

Since 2007, monetary authorities around the globe have reduced their key policy interest
rates to unprecedented low levels and intervened with non-standard policy measures (ie, …

A modern view of stakeholder theory considers that ethical behaviour and profit are not
contradictory. Under this framework and in the Merger and Acquisitions context we would like to …

Although an increasing number of papers analyze losses due to natural disasters, there is no
evidence that climate change events have an impact on Sustainable Investment Decisions. …

We investigate the mitigation effect of firms’ ESG, a proxy of sustainability, on the CDS issued
by corporations listed on the S&P500. We aim to shed new light on the risk mitigation effect …

Firms with high social capital systematically outperform their peers during periods of economic
distress. Yet, it is not clear under which institutional conditions corporate social capital is …

Climate change's impact on investor behavior is a scantly investigated area in finance. This
paper examines the performance of socially responsible exchange trade funds (ETFs) …

We analyse stock price reactions to the announcements of monetary and fiscal policy actions
in 12 stock exchanges worldwide between 1 June 2007 and 30 June 2012. While past …

Using a novel hand‐collected sample including 159 industrial events that occurred between
2000 and 2020, we document that corporate social performance (CSP) generally acts as a …

In this paper, we show the relationship between the outcome of football events and stock
returns, based on the thesis that sport results affect investor sentiment. We analyzed stock price …