Flood risk and corporate future orientation: Evidence from sea level rise risk

We find that firms located in US counties with higher sea level rise (SLR) risk engage less in future‐oriented activities, that is, lower corporate social responsibility performance, lower R&D investment and fewer patents granted than firms in counties with lower SLR risk. The effect is strength...

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Veröffentlicht in:	Journal of business finance & accounting 2024-01, Vol.51 (1-2), p.555-594
Hauptverfasser:	Du, Qingjie, Tsang, Albert, Wang, Yang
Format:	Artikel
Sprache:	eng
Schlagworte:	Climate change climate risk Companies CSR flood risk Future future orientation media attention R&D Research & development Retirement sea level rise Social responsibility Uncertainty
Online-Zugang:	Volltext
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