Firm-level pollution and membership of emission trading schemes
Journal Article
Adamolekun, G., Adedoyin, F. F., & Siganos, A. (2024)
Firm-level pollution and membership of emission trading schemes. Journal of Environmental Management, 351, Article 119970. https://doi.org/10.1016/j.jenvman.2023.119970
Several firms have joined emission trading schemes in response to the call for corporate climate action. Using a comprehensive international data set on corporate membership o...
Carbon price and firm greenhouse gas emissions
Journal Article
Adamolekun, G. (2024)
Carbon price and firm greenhouse gas emissions. Journal of Environmental Management, 349, Article 119496. https://doi.org/10.1016/j.jenvman.2023.119496
Drawing on the recent enthusiasm in the carbon markets, I examine the impact of carbon prices on firm greenhouse gas (GHG) emissions. Using a sample of 1591 firms from 23 Euro...
Origin Region Wealth Effect and Inbound Tourism to Europe
Journal Article
Adamolekun, G., & Kladakis, G. (in press)
Origin Region Wealth Effect and Inbound Tourism to Europe. Tourism Analysis, https://doi.org/10.3727/108354223x16951532650252
Despite the role of wealth in modelling the propensity to consume luxurious goods and services, the literature has so far neglected the role of wealth as inferred from the sto...
Excess Cash Holdings, Stock Returns, and Investment Organicity: Evidence from UK Investment Announcements
Journal Article
Jones, E., Li, H., & Adamolekun, O. (in press)
Excess Cash Holdings, Stock Returns, and Investment Organicity: Evidence from UK Investment Announcements. Abacus, https://doi.org/10.1111/abac.12275
This paper examines whether the market reaction to investment announcements is conditional on company excess cash holdings. Cash may convey significant price-relevant informat...
Supply side sentiments and international travel: a novel dynamic simulation of policy options for business and investor sentiments
Journal Article
Adamolekun, G., Adedoyin, F. F., & Ozturk, I. (in press)
Supply side sentiments and international travel: a novel dynamic simulation of policy options for business and investor sentiments. Journal of Policy Research in Tourism, Leisure and Events, https://doi.org/10.1080/19407963.2022.2142235
The tourism literature widely documents how emotions, mood and optimism drive the demand for tourism. However, the literature is mute on whether sentiment plays a role in the ...
Corporate carbon emissions and market valuation of organic and inorganic investments
Journal Article
Adamolekun, G., Kwansa, N. A., & Kwabi, F. (2022)
Corporate carbon emissions and market valuation of organic and inorganic investments. Economics Letters, 221, Article 110887. https://doi.org/10.1016/j.econlet.2022.110887
We empirically examine the impact of a firm’s carbon emissions level on the market valuation of organic and inorganic investments. We document that the market reacts negativel...
Cash Holding Dynamics and Competition Intensity: Evidence from UK firms
Journal Article
Adamolekun, G., Jones, E., & Li, H. (2023)
Cash Holding Dynamics and Competition Intensity: Evidence from UK firms. Managerial and Decision Economics, 44(1), 641-662. https://doi.org/10.1002/mde.3705
Using a quasi-natural experiment and various measures of competition intensity, we examine whether an increase in product market competition is a key driver of firm cash holdi...
Risks in financial services
Book Chapter
Ring, P. J., & Adamolekun, B. (2021)
Risks in financial services. In L. Luu, J. Lowe, P. Ring, & A. Sahota (Eds.), A Practical Guide to Financial Services: Knowledge, Opportunities and Inclusion. Routledge
While we may not think of it in these terms, we all take risks everyday – whether that be crossing the road, getting on a train, or climbing a set of ladders. Research even te...
Cash Holdings and Firm Competitiveness
Presentation / Conference
Adamolekun, G., Jones, E., & Li, H. (2019, December)
Cash Holdings and Firm Competitiveness. Paper presented at Paris Financial Management Conference, Paris
Cash Holdings and Corporate Investment Valuations: Evidence from The London Stock Exchange
Presentation / Conference
Adamolekun, G., Jones, E., & Li, H. (2019, June)
Cash Holdings and Corporate Investment Valuations: Evidence from The London Stock Exchange. Paper presented at INFINITI Conference, Glasgow