Following the Fukushima nuclear accident, Japan gradually shut down all its nuclear power plants, causing a countrywide power shortage. In response the government launched large-scale energy-saving campaigns to reduce electricity consumption……

Employees might devote too much effort to pleasing their evaluator, relative to working toward the goals of the organization itself. We conduct a randomized field experiment among Chinese local civil servants to study the existence and implications of influence activities……

This study investigates whether investors can reap economic benefits from analyzing differences in analyst quality. Although high-quality analysts’ average forecast is more accurate than the consensus forecast for firms with a large analyst following……

We examine the effect of mandatory climate risk disclosure on insurers’ investment portfolios by exploiting the U.S. insurance industry’s adoption of the Climate Risk Disclosure Survey (CRDS), which mandates that qualified insurers report their climate risk……

We investigate how insurers’ mandatory climate risk disclosure affects their corporate bond investees’ environmental friendliness. We employ the U.S. insurance industry’s adoption of the Climate Risk Disclosure Survey (CRDS) and a difference-in-differences research design……

Plastic waste is a growing environmental concern. The food delivery industry is criticized for its environmental impact, especially its current use of plastic packaging. At the same time, the environment impacts the industry. We show that air pollution is a behavioural driver of food delivery consumption in the urban developing world……