We review accounting and finance research on corporate governance (CG). In the course of
our review, we focus on a particularly vexing issue, namely endogeneity in the relationships …

Companies are increasingly seeking the route of sustainable growth via green innovation in
the wake of environmental catastrophe and global warming. Studying its mechanism of …

We find robust empirical evidence that firms in locations with higher exposure to climate
change pay significantly higher spreads on their bank loans. To alleviate the concerns …

In recent years, corporate green innovation has become a hot topic in society and academia,
but the relationship between green innovation and financing conditions is less frequently …

A lack of comprehensive reviews on whether banks price borrowers' ESG risks hinders
ongoing debate on how banks could play an important role in supporting sustainability …

This paper investigates the impact of a firm's annual report readability and ambiguous tone
on its borrowing costs. We find that firms with larger 10-K file sizes and a higher proportion of …

Global warming is becoming more and more of a concern, leading authorities to take action.
The industrial sector is a key contributor to environmental and social problems. Based on …

Ianalyze the impact of a firm's environmental profile on its cost of equity and debt capital.
Using implied cost of capital derived from analysts' earnings estimates, I find that investors …

This paper investigates the impact of green credit policy on the cash holdings of high-
polluting firms based on the enforcement of China's “Green Credit Guidelines”. We find a …

Financial inclusion is crucial to a country's competitiveness while green economy emerges
as a policy priority along the sustainable development path, but how will they interact? This …