We find a significant positive relation between changes in policy uncertainty and changes in
credit spreads. Macroeconomic conditions, including general uncertainty, do not explain this …

Can an artificial neural network (ANN) with automatic learning discriminate between stocks
that provide positive returns and those that provide negative returns? The ANN employs a …

This paper examines the impact of the individual dimensions of social performance (SP) on
firm risk (total and idiosyncratic) using 16,599 firm-year observations over the period 1991–…

This paper examines the impact of the recent financial crisis (2008–2009) on the relation
between a firm’s risk and social performance (SP) using a sample of non-financial US firms …

This paper tests the overreaction hypothesis using monthly data for stocks listed on the
Toronto Stock Exchange over the 1950–1988 period. Unlike De Bondt and Thaler (1985), (1987), …

The havoc brought by extreme weather events triggers well-documented adverse effects on
human health, communities’ resources and economic development. In this paper, we focus …

Firms headquartered in more corrupt US environments (states) provide higher payouts to
their shareholders. Our results are robust to, for example propensity score matching, …

The odds of a current syndicate relationship between two lenders depend upon their
previous alliances. The odds are significantly higher [lower] and strongest for a current lead–…

This paper examines the impact of major natural disasters on the stock returns and volatilities
of US firms. We find that a small proportion of catastrophes have a significant impact on …

This paper investigates the corporate social responsibility (CSR) structures of US listed firms.
We find evidence of a general tendency towards CSR specialization with almost three-…