The ability of organizations to manage and cope with economic crises is central to the direction and severity of their impact. We explore determinants of strategic crisis responses by focusing on the role of…

We study how terminated correspondent banking relationships affect international trade. Drawing on firm-level export data from emerging Europe, we show that when local banks lose access to correspondent…

Firm-level Climate Action Response Plans (CARPs) comprise firms' climate change mitigation and adaptation commitments. Encouraging firms to develop CARPs is thus vital for meeting ever-pressing climate goals.…

Using a unique matched bank-employer-employee administrative dataset for Italy, we construct an exogenous firm-level measure of exposure to the credit shock during the Global Financial Crisis, based on…