Finance in the face of global challenges: essays on the financial economics of climate change & the agency cost of debt

Nora Pankratz

doi:10.26481/dis.20191219np

Finance in the face of global challenges: essays on the financial economics of climate change & the agency cost of debt

Nora Pankratz

Research output: Thesis › Doctoral Thesis › Internal

Abstract

This dissertation investigates the firm‐level cost of extreme temperatures as one of the most pervasive projected trends due to climate change, the awareness of investors of the financial repercussions of climate change, the adaptation of supply‐chains to climate shocks, as well as the implications of insider ownership and governance mechanisms for the pricing of corporate debt. The three studies employ financial data and research methods to better understand the interrelation between finance, firm behaviour, and socio‐economic issues.

Original language	English
Awarding Institution	Maastricht University
Supervisors/Advisors	Bauer, Rob, Supervisor Derwall, Jeroen, Co-Supervisor
Award date	19 Dec 2019
DOIs	https://doi.org/10.26481/dis.20191219np
Publication status	Published - 2019

Access to Document

10.26481/dis.20191219np

Cite this

@phdthesis{0c073c57591f487c8ceb4a55fbf0235c,

title = "Finance in the face of global challenges: essays on the financial economics of climate change & the agency cost of debt",

abstract = "This dissertation investigates the firm‐level cost of extreme temperatures as one of the most pervasive projected trends due to climate change, the awareness of investors of the financial repercussions of climate change, the adaptation of supply‐chains to climate shocks, as well as the implications of insider ownership and governance mechanisms for the pricing of corporate debt. The three studies employ financial data and research methods to better understand the interrelation between finance, firm behaviour, and socio‐economic issues.",

author = "Nora Pankratz",

year = "2019",

doi = "10.26481/dis.20191219np",

language = "English",

school = "Maastricht University",

}

TY - BOOK

T1 - Finance in the face of global challenges

T2 - essays on the financial economics of climate change & the agency cost of debt

AU - Pankratz, Nora

PY - 2019

Y1 - 2019

N2 - This dissertation investigates the firm‐level cost of extreme temperatures as one of the most pervasive projected trends due to climate change, the awareness of investors of the financial repercussions of climate change, the adaptation of supply‐chains to climate shocks, as well as the implications of insider ownership and governance mechanisms for the pricing of corporate debt. The three studies employ financial data and research methods to better understand the interrelation between finance, firm behaviour, and socio‐economic issues.

AB - This dissertation investigates the firm‐level cost of extreme temperatures as one of the most pervasive projected trends due to climate change, the awareness of investors of the financial repercussions of climate change, the adaptation of supply‐chains to climate shocks, as well as the implications of insider ownership and governance mechanisms for the pricing of corporate debt. The three studies employ financial data and research methods to better understand the interrelation between finance, firm behaviour, and socio‐economic issues.

U2 - 10.26481/dis.20191219np

DO - 10.26481/dis.20191219np

M3 - Doctoral Thesis

ER -