Bouzzine, Yassin Denis; Lueg, Rainer - In: Business Strategy and the Environment 29 (2020) 8, pp. 3187-3202
We examine how environmental violations affect the stock returns of the violating firm and how these financial implications then spread to industry peers. Volkswagen's diesel emissions scandal (Dieselgate) and the German automotive industry serve as a seminal case for the examination. Research...