Showing 1 - 10 of 13,634
The aim of this paper is to find out whether shareholders consider the EU Emission Trading Scheme (EU ETS) as value relevant for polluting firms. An analysis is conducted of changes in share prices, caused by the first publication of annual compliance data. In April 2006, it turned out that...
Persistent link: https://www.econbiz.de/10014158620
This paper investigates the impact of the yearly announcement of realized emissions on the European carbon permit market. We find that this event generally leads to significant absolute abnormal returns on the event day, which are accompanied by increased trading volumes and high intraday...
Persistent link: https://www.econbiz.de/10013007371
We analyze the corporate green bond market under a rational framework without an innate green preference, using a simple adverse selection model. Firms can use green bonds to signal their green credentials to investors. Transition risk stems from uncertainty over the introduction of carbon...
Persistent link: https://www.econbiz.de/10014258404
Persistent link: https://www.econbiz.de/10001089138
Persistent link: https://www.econbiz.de/10001616956
Persistent link: https://www.econbiz.de/10000040101
Persistent link: https://www.econbiz.de/10001725166
Persistent link: https://www.econbiz.de/10003099219
Persistent link: https://www.econbiz.de/10002738786
In service marketing, customers typically pay more when they use more. Based on this principle, various non-linear pricing plans or flat-rate tariffs attempt to lure customers into higher use and higher-revenue contracts. An emerging marketing practice we term precommitment-based pricing turns...
Persistent link: https://www.econbiz.de/10013219012