气候变化领域集成服务门户(CCPortal): Beyond climate change risk: Biodiversity and corporate cash holdings

CCPortal

DOI	10.1016/j.econlet.2024.111608
	Beyond climate change risk: Biodiversity and corporate cash holdings
	Ahmad, Muhammad Farooq; Karpuz, Ahmet
发表日期	2024
ISSN	0165-1765
EISSN	1873-7374
起始页码	236
卷号	236
英文摘要	We document that firms' exposure to biodiversity risk is positively associated with corporate cash holdings. The positive effect is distinct from the influence of firm's exposure to climate change risk. Further, our findings are more pronounced for firms in industries highly exposed to biodiversity risks, facing large financial constraints or exposed to high competition. Overall, the results support the precautionary motives of corporate cash holdings.
英文关键词	Biodiversity; Climate risk; Corporate cash holdings
语种	英语
WOS研究方向	Business & Economics
WOS类目	Economics
WOS记录号	WOS:001199542700001
来源期刊	ECONOMICS LETTERS
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/307187
作者单位	Universite Cote d'Azur; SKEMA Business School; University of Leeds
推荐引用方式 GB/T 7714	Ahmad, Muhammad Farooq,Karpuz, Ahmet. Beyond climate change risk: Biodiversity and corporate cash holdings[J],2024,236.
APA	Ahmad, Muhammad Farooq,&Karpuz, Ahmet.(2024).Beyond climate change risk: Biodiversity and corporate cash holdings.ECONOMICS LETTERS,236.
MLA	Ahmad, Muhammad Farooq,et al."Beyond climate change risk: Biodiversity and corporate cash holdings".ECONOMICS LETTERS 236(2024).