The impact of climate risk on firm performance and financing choices: An international comparison

By H. Huang, J. Kerstein, Chong Wang. Journal of International Business Studies, 2017

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COVID‐19 impact, sustainability performance and firm value: international evidence (2021, positive): “Instrumental variable analysis We employ an instrumental variable method to re-estimate our models as some of the firm-level and country-level variables are difficult to quantify and control, with this possibly creating omitted variable bias (Huang et al., 2018) in our findings.”
Sustainability reporting quality and post‐audit financial reporting quality: Empirical evidence from the UK (2020, background): “The results also have economic significance, as computed following Huang, Kerstein and Wang (2018).”
The impact of climate vulnerability on firms’ cost of capital and access to finance (2021, background): “Although some research has been carried out on the effect of global climate risk on firm performance using cross-country data (Huang et al., 2018), there is very little scientific understanding of the impact of climate risk as a determinant of firms’ cost of capital and access to finance.”