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• W3121008092 abstract "Using data from 41 different countries including the United States, we provide novel empiricalevidence that firms increase their cash holdings as a response to climate risk. This effect is drivenby financially constrained firms and becomes significantly stronger after the release of the SternReview that improved awareness about climate risk. Results fit consistently within theprecautionary motive framework and suggest that firms have been trying to hedge against climaterisk by holding more cash." @default.
• W3121008092 created "2021-01-18" @default.
• W3121008092 creator A5020708001 @default.
• W3121008092 creator A5033845188 @default.
• W3121008092 creator A5046632394 @default.
• W3121008092 creator A5050374933 @default.
• W3121008092 date "2020-01-01" @default.
• W3121008092 modified "2023-09-25" @default.
• W3121008092 title "Climate Change and Corporate Cash Holdings: Global Evidence" @default.
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• W3121008092 doi "https://doi.org/10.2139/ssrn.3717092" @default.
• W3121008092 hasPublicationYear "2020" @default.
• W3121008092 type Work @default.
• W3121008092 sameAs 3121008092 @default.

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