5 sept.Climate Risk and the U.S. Insurance Gap: Measurement, Drivers and Implications.This study develops a new method to estimate U.S. homeowners insurance coverage and premiums, revealing significant under-insurance,...
28 juinBANKS’ BUSINESS MODELS AND ESG PERFORMANCE“... a greater focus on ESG risks is more in line with banks characterized by traditional activities.” LIRE
10 juinDoes governance quality matter in financial intermediation? A comparison between bank and insurance companies“The study is based on ten years' data for 560 banks and 214 insurance companies from 28 countries. We find that governance quality is...
22 févr.The Value-Relevance of ESG Scores:A Fair Value Hierarchy Perspective with Evidence from European Banks“… stock market investors either do not treat the ESG score as a reliable measure of ESG performance or, embracing the “overinvestment...
4 déc. 2023Consequences of Bank Stress Test Disclosures“I show that, during a normal economic period, rather than having a disciplining effect, disclosure leads to banks increasing risk...