This cumulative thesis is based on three articles.
In the first paper, I investigate firms' greenhouse gas emission disclosure strategies. The results show the potential existence of different disclosure equilibria, which implies different disclosure patterns in different industries. I further identify that disclosure mandates may have an adverse effect on firms' abatement incentives and even their total emissions.
In the second paper, I propose a model to investigate firms’ signaling decisions on the product level.
In the third paper, my coauthors and I investigate the potential and limits of privacy-preserving corporate blockchain applications for information provision. We show that blockchain technology can improve the information environment and outperform traditional institutions. However, we also characterize an adverse mixed-adoption equilibrium in which neither of the two channels realizes its full potential and information provision declines not only for individual firms but also in aggregate.
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