Big Finance Is Going Green. Smaller Finance, Not So Much
The largest institutions have increasingly favored green stocks in recent years as small investors have done the opposite.
Big Finance Is Going Green. Smaller Finance, Not So MuchCorporate managers misbehave when shareholders aren’t paying attention.
Elisabeth Kempf, Alberto Manconi, and Oliver G. Spalt, “Distracted Shareholders and Corporate Actions,” Review of Financial Studies, May 2017.
The largest institutions have increasingly favored green stocks in recent years as small investors have done the opposite.
Big Finance Is Going Green. Smaller Finance, Not So MuchResearch finds that banks prefer to issue mortgages for newer and more standardized housing stock.
Line of Inquiry: Anthony Lee Zhang on Why Buying Your Unique House May Be a ChallengeDoing business with suppliers in another country can expose a US company to increased risks, but it can also provide a buffer against local shocks.
Global Supply Chains Can Hurt a Company’s CreditYour Privacy
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