What factors affect countries’ commitment to mitigating climate change? Climate change agreements are negotiated by countries at the United Nations Framework Convention on Climate Change (UNFCCC), but countries differ greatly on who should bear the cost of mitigation initiatives: the greater the costs, the stronger the opposition from the country. These differences are particularly marked…
Examining the role of institutional quality Global markets integration means that policy uncertainty in a national economy can have major ramifications across the world at a macroeconomic level. However, the empirical literature on the microeconomic channels that underlie macro relationships have been less studied. How do global firms reallocate assets across geographies in uncertain times?…
Examining organisational attention to the Sustainable Development Goals (SDGs) The challenge Evidence suggests only a small proportion of institutional investors have made meaningful efforts to integrate environmental, social and governance considerations into their investment processes, in line with the United Nations’ SDGs. Many commentators believe that significant corporate action on the SDGs will only happen…