Ramiah, Vikash; Martin, Belinda; Moosa, Imad - In: Journal of Banking & Finance 37 (2013) 5, pp. 1747-1758
We investigate the impact of 19 announcements of environmental regulation on the equities listed on the Australian Stock Exchange over the period 2005–2011. Using a well-established event study methodology, we assess whether these announcements are value constructive or destructive for equity...