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We investigate whether female executives influence corporate environmental management (green management). Based on a difference-in-difference approach, our study provides evidence that female CFOs conduct more environmentally responsible activities, and the effects are more prominent when firms are of high risks. Female CFOs are more likely to involve in environmental management voluntarily. Further, environmental management improves firm performance such as debt cost saving. This research advances the gender diversity literature and suggests that female executives play an important role in corporate decisions and firm performance.
Bo Wang; Zehui Wang; Jun Wen; Xiaotian Zhang. Executive Gender and Firm Environmental Management: Evidence from CFO Transitions. Sustainability 2021, 13, 3653 .
AMA StyleBo Wang, Zehui Wang, Jun Wen, Xiaotian Zhang. Executive Gender and Firm Environmental Management: Evidence from CFO Transitions. Sustainability. 2021; 13 (7):3653.
Chicago/Turabian StyleBo Wang; Zehui Wang; Jun Wen; Xiaotian Zhang. 2021. "Executive Gender and Firm Environmental Management: Evidence from CFO Transitions." Sustainability 13, no. 7: 3653.
This paper examines the relation between regional social capital and online peer-to-peer loans. The results indicate that borrowers from states with higher levels of social capital are less likely to be rejected during loan application, have a lower probability of default, and experience lower borrowing cost. In addition, loans granted to borrowers in states with higher levels of social capital yield higher rates of return after controlling for the loan defaults and loan prepayment. The effects of social capital on peer-to-peer loans are stronger in regions with more bank competition and for loans with higher risks.
Haitian Lu; Bo Wang; Haizhi Wang; Tianyu Zhao. Does social capital matter for peer-to-peer-lending? Empirical evidence. Pacific-Basin Finance Journal 2020, 61, 101338 .
AMA StyleHaitian Lu, Bo Wang, Haizhi Wang, Tianyu Zhao. Does social capital matter for peer-to-peer-lending? Empirical evidence. Pacific-Basin Finance Journal. 2020; 61 ():101338.
Chicago/Turabian StyleHaitian Lu; Bo Wang; Haizhi Wang; Tianyu Zhao. 2020. "Does social capital matter for peer-to-peer-lending? Empirical evidence." Pacific-Basin Finance Journal 61, no. : 101338.