Publications Database

Welcome to the new Schulich Peer-Reviewed Publication Database!

The database is currently in beta-testing and will be updated with more features as time goes on. In the meantime, stakeholders are free to explore our faculty’s numerous works. The left-hand panel affords the ability to search by the following:

  • Faculty Member’s Name;
  • Area of Expertise;
  • Whether the Publication is Open-Access (free for public download);
  • Journal Name; and
  • Date Range.

At present, the database covers publications from 2012 to 2020, but will extend further back in the future. In addition to listing publications, the database includes two types of impact metrics: Altmetrics and Plum. The database will be updated annually with most recent publications from our faculty.

If you have any questions or input, please don’t hesitate to get in touch.

 

Search Results

Dal Maso, L., K. Kanagaretnam, G.J. Lobo and F. Mazzi (Forthcoming). "Does Disaster Risk Relate to Loan Loss Provisions", European Accounting Review.

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Abstract We examine the relation between disaster risk and banks’ loan loss provisions (LLP). We propose a disaster risk measure based on the natural disasters declared as major disasters by the Federal Emergency Management Agency over a 15-year span. We theoretically support and empirically validate our measure using three different approaches, including the UN Sendai Framework for disaster risk reduction, which relates disaster risk to natural hazard exposure, vulnerability and capacity, and hazard characteristics. Using more than 445,000 bank-quarter observations, we document that banks located in U.S. counties with higher disaster risk recognize larger LLP after controlling for other bank-level factors related to LLP. We employ several techniques to ensure the robustness of our findings, including difference-in-differences estimation and matched samples. In additional analysis, we explore the characteristics that better enable banks to recognize disaster risk in their LLP, and investigate the consequences of managing disaster risk through LLP. Our results are important, especially because of the increasing concern about disaster risk and because they inform the growing debate on the economic consequences of disaster risk and the ability of the banking system to proactively manage the resulting credit risk through LLP.

Carè, R., & Weber, O. (2023). "Sustainable Finance: Banks, Sustainability, and Corporate Financial Performance", Sustainable Finance and Financial Crime , 41-61.

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Abstract After a short overview about the history of sustainable banking, the chapter discusses the business case of sustainability and the sustainability case of business in the banking sector. Based on this distinction, we introduce sustainable banking products and services, such as green mortgages and green and sustainability linked bonds. The chapter then provides an overview about the literature on the connection between sustainability performance and corporate financial performance (CFP). Finally, the chapter provides some closing remarks about the evolution of the concept of sustainable banking from the origins to the future challenges.

Ordonez-Ponce, E., Dordi, T., Talbot, D., & Weber, O. (2022). "Canadian Banks and their Responses to COVID-19 – Stakeholder-Oriented Crisis Management", Journal of Sustainable Finance and Investment.

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Abstract The financial sector is essential to the stability of markets in times of crisis and during the pandemic, banks are called to contribute to society by easing access to credit or keeping rates low. This article explores Canadian banks’ responses to the pandemic assessing their products, services and stakeholders. Using crisis management and stakeholder theories, 3161 news articles about the five biggest Canadian banks and the pandemic were assessed as a proxy for banks’ responses to the pandemic using sentiment analysis, text mining, and statistical methodologies. Results show that banks were negatively impacted by the pandemic and that their stakeholders were approached differently highlighting the community over clients and employees. This study contributes to the need to adapt crisis management strategies and theories to unexpected crises, as others may come, and it sheds some light on stakeholder management measurement processes, which speak to how effective stakeholder management is.

Weber, O. (2018). "Corporate Sustainability and Financial Performance of Chinese Banks", Sustainability Accounting, Management and Policy Journal, 8(3), 358-385.

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Abstract

Purpose

This paper analyzes the connection between the sustainability performance of Chinese banks and their financial indicators to explore whether sustainability regulations can be implemented without decreasing the financial performance of the banking sector.

Design/methodology/approach

The study examined reports and websites of Chinese banks, categorized different corporate sustainability aspects and conducted panel regression and Granger causality to analyze cause and effect variables.

Findings

The environmental and social performance of Chinese banks increased significantly between 2009 and 2013. Furthermore, a bi-directional causality between financial performance and sustainability performance of Chinese banks has been found. Based on institutional theory, this interaction may be influenced by the Chinese Green Credit Policy.

Research limitations/implications

The findings suggest that corporate sustainability performance and financial performance are not a trade-off but correlate positively. Further research is needed to analyze the effect of financial regulations, such as the Chinese Green Credit Policy.

Practical implications

According to the good management theory by Waddock and Graves (1997) that claims a positive impact of corporate social performance on financial performance, Chinese banks can invest in corporate sustainability to increase their financial success and re-invest parts of the additional returns – also called slack resources – in sustainability activities.

Social implications

Chinese banks are able to influence the economy to become greener and less polluting without sacrificing financial returns.

Originality/value

This is the first study to explore the sustainability performance of Chinese banks, including their products and services.

Weber, O. (2017). "Corporate Sustainability and Financial Performance of Chinese Banks", Sustainability Accounting, Management and Policy Journal, 8(3), 358-385.

Open Access Download

Abstract Purpose This paper analyzes the connection between the sustainability performance of Chinese banks and their financial indicators to explore whether sustainability regulations can be implemented without decreasing the financial performance of the banking sector. Design/methodology/approach The study examined reports and websites of Chinese banks, categorized different corporate sustainability aspects and conducted panel regression and Granger causality to analyze cause and effect variables. Findings The environmental and social performance of Chinese banks increased significantly between 2009 and 2013. Furthermore, a bi-directional causality between financial performance and sustainability performance of Chinese banks has been found. Based on institutional theory, this interaction may be influenced by the Chinese Green Credit Policy. Research limitations/implications The findings suggest that corporate sustainability performance and financial performance are not a trade-off but correlate positively. Further research is needed to analyze the effect of financial regulations, such as the Chinese Green Credit Policy. Practical implications According to the good management theory by Waddock and Graves (1997) that claims a positive impact of corporate social performance on financial performance, Chinese banks can invest in corporate sustainability to increase their financial success and re-invest parts of the additional returns – also called slack resources – in sustainability activities. Social implications Chinese banks are able to influence the economy to become greener and less polluting without sacrificing financial returns. Originality/value This is the first study to explore the sustainability performance of Chinese banks, including their products and services.

Auster, E.R., Basir, N., Cruikshank, R.A. and Ruebottom, T. (2015). "Middle Management Knowledge of Articulated Strategy: Antecedents, Cognitive Accuracy and Awareness", International Journal of Strategic Change Management, 6(1), 73-99.

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Abstract Middle managers provide a powerful conduit for strategy execution particularly in fast paced environments. Their knowledge of strategy is critical for strategic change to be successful. Yet, little research directly examines how aware middle managers are of corporate strategy and how accurate they are in their understanding of how that strategy translates into divisional goals. Framed in cognition theory, this exploratory study uses qualitative and quantitative analysis to investigate the antecedents, accuracy and self-awareness of middle managers' knowledge of strategy within a large North American financial firm (N = 294). Implications for research and practice are highlighted.