In this episode on climate vulnerability, we dive into the surprising ways our changing planet is reshaping the global financial landscape. Today, we explore how a country's climate vulnerability and its ability to adapt can lead to sudden, dramatic crashes in individual stock prices. Join us as we discuss why the "bad news" managers hide today could become the market-shaking crises of tomorrow.

Citation: Ni, X., Si, Y. & Zhang, B. (2025). Climate vulnerability and stock price crash risk worldwide. Journal of International Business Studies. https://doi.org/10.1057/s41267-025-00831-w