Future of Emissions

Andreas Brogger¹, Jules van Binsbergen²

1: Rotterdam School of Management, Erasmus University; 2: Wharton School, University of Pennsylvania

Brown Capital (Re)Allocation

Olivier Darmouni, Yuqi Zhang

Columbia University

A Tale of Commodities and Climate-driven Disasters

Filippo Pellegrino

Imperial College London

Picking Up the PACE: Loans for Residential Climate-Proofing

Aymeric Bellon¹, Cameron LaPoint², Francesco Mazzola³, Guosong Xu⁴

1: UNC-Chapel Hill, Kenan-Flagler Business School; 2: Yale School of Management; 3: ESCP Business School; 4: Erasmus University, Rotterdam School of Management

Climate Risk and the US Insurance Gap: Measurement, Drivers and Implications

Parinitha Sastry¹, Tess Scharlemann², Ana-Maria Tenekedjieva², Ishita Sen³

1: Columbia Business School; 2: Federal Reserve Board; 3: Harvard Business School

Climate Capitalists

Niels Gormsen¹, Kilian Huber¹, Sangmin Oh²

1: Chicago Booth; 2: Columbia Business School

Reversal Patterns in Risk-Adjusted Returns: Evidence of Excess Volatility in Anomalies

Carlo Favero^1,2, Alessandro Melone³, Andrea Tamoni⁴

1: Bocconi University; 2: CEPR; 3: The Ohio State University; 4: University of Notre Dame

Good Variance, Bad Variance: Cash-Flows, Discount Rates, and the Risk-Return Relationship

Brandon Bates¹, Brian Boyer¹, Carter Davis², Tyler Shumway¹

1: Brigham Young University; 2: Indiana University

Causal Inference for Asset Pricing

Valentin Haddad^2,3, Zhiguo He^4,3, Paul Huebner¹, Peter Kondor^5,7, Erik Loualiche⁶

1: Stockholm School of Economics; 2: UCLA Anderson School of Management; 3: NBER; 4: Stanford GSB; 5: London School of Economics and Political Science; 6: University of Minnesota Carlson School of Management; 7: CEPR

Equity Valuation Without DCF

Thummim Cho¹, Christopher Polk², Robert Rogers²

1: Korea University Business School; 2: LSE

A Stock Return Decomposition Using Observables

Benjamin Knox, Annette Vissing-Jorgensen

Federal Reserve Board

Quantity, Risk, and Return

Yu An¹, Yinan Su¹, Chen Wang²

1: Johns Hopkins University; 2: University of Notre Dame

The (Missing) Relation Between Acquisition Announcement Returns and Value Creation

Itzhak Ben-David^1,5, Utpal Bhattacharya², Ruidi Huang³, Stacey Jacobsen⁴

1: Fisher College of Business, The Ohio State University; 2: Hong Kong University of Science and Technology; 3: Southern Methodist University; 4: Southern Methodist University; 5: NBER

Entry and Acquisitions in Software Markets

Luise Eisfeld^1,2

1: University of Lausanne; 2: Swiss Finance Institute

From Fragility to Flexibility: How do Firms Respond to Upstream Technology Vulnerability?

Yuchan Lyu, Xuan Tian, Che Zhang

Tsinghua University

All Shareholder Votes Are Not Created Equal

Davidson Heath¹, Da Huang², Chong Shu¹

1: University of Utah; 2: Northeastern University

Entrepreneurial Spawning from Remote Work

Alan Kwan¹, Ben Matthies², Richard Townsend³, Ting Xu⁴

1: University of Hong Kong; 2: University of Notre Dame; 3: University of California San Diego; 4: University of Toronto

Directing the Labor Market: The Impact of Shared Board Members on Employee Flows

Taylor Begley¹, Peter Haslag², Daniel Weagley³

1: University of Kentucky; 2: Vanderbilt University; 3: University of Tennessee