We exploit unexpected corporate data breaches to study the loss and repair of corporate
reputation. Reputation loss decreases equity value and brand value, increases customer …

Using a large sample of US-based public corporations, we evaluate the business case for
board racial diversity. Our analysis shows that board racial diversity is positively associated …

We study the effect of responsible consumption on asset prices. We introduce a preference
bias in favor of" green" goods and good-specific habits in a consumption-based dynamic …

This paper examines whether employees avoid firms that commit environmental, social and
governance (ESG) misconduct in China where ESG norms are weak. We find that the …