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We assess the informativeness for stock markets of proven reserves of oil and gas, and embedded CO2 in those reserves. Based on a two-step regression approach, we attempt to test the relationship between proven reserves, CO2 embedded in those reserves and stock market value controlling for the...
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educational institutions to adopt ethical investment policies to focusing upon cities, pension funds and philanthropic charities …
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limited investment resources. Fourth, to encourage companies to participate in investment and promote the development of …
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