Purpose: The purpose of this paper is to analyze the relationship between carbon emissions and a firm’s cost of debt (COD) in the Indian context. Design/methodology/approach: The present study is based on the Indian firms who disclose their emissions data under the Carbon Disclosure Project...

Purpose: The purpose of this paper is to analyze the relationship between Certified Emission Reductions (CERs) information and a firm’s stock prices. Design/methodology/approach: The present study is based on 193 CERs announcements by Indian firms over a 13-year period 2005–2017. The event...