We estimate the effect of carbon pricing policy on bank credit to greenhouse-gas-emitting
firms. Our analyses exploit the geographic restrictions inherent in California's cap-and-trade …

I examine changes in chief executive officer (CEO) labor market outcomes following
corporate environmental failures. CEOs of firms subject to Environmental Protection Agency …

The transparency of the information environment in which US firms operate, as measured by
the strength of state-level freedom of information (FOI) laws, is negatively associated with …

Banks recognize environmental, social, and governance (ESG) risks as relevant factors in
loan contracts since a growing number of such concerns threaten financial stability. We trace …

This study examines the impact of ESG-Environment, Social and Governance factors on the
credit models of Italian banks and on household mortgage demand in the different macro …

This study investigates the effectiveness of EPA enforcement in reducing pollution
emissions. Analyzing detailed power plant-level data from the US electricity sector suggests …

We empirically examine the value relevance of court rulings on environmental litigation for
polluting firms. In a landmark case, the US Supreme Court cited the “major questions” …

This paper examines whether health risks shape polluting activities and the ownership of
polluting assets. I exploit the variation in perceived health risks created by the US Report on …

1 Regulation as a determinant of firms' environmental performance: gasoline content
regulations (Auffhammer and Kellogg, 2011), model-driven pollution tax (Shapiro and …