Showing 1 - 10 of 3,950
The current global economic development faces social and environmental challenges, such as climate change and environmental pollution, which requires firms to be more socially responsible. Due to the fast-growing corporate social responsibility (CSR) consciousness and concerns of individual...
Persistent link: https://www.econbiz.de/10012656385
Environmental disasters are thought to increase the focus on corporate sustainability in the communities where they … actions to construct measures of local corporate sustainability, we study this conjecture. To address the omitted variables … corporate environmental sustainability in the following year. The impact is not homogeneous across counties: it is significant …
Persistent link: https://www.econbiz.de/10013210531
This article attempts to bring quantitative evidence of a firm's sustainability reporting in terms of non …-market transnational sustainability strategy on firm performance. The study presents an analysis of nearly 510 firm's ESG scores across 17 …
Persistent link: https://www.econbiz.de/10013258583
We investigate how corporate environmental responsibility (CER) actions affect firm value. We adopt an event studies approach using two narrowly-decided 5-to-4 Supreme Court rulings and show that firms gain value when they are expected to increase their CER activities. The market reactions are...
Persistent link: https://www.econbiz.de/10012850491
This paper studies the development of a firm’s Environmental, Social, and Governance (ESG) performance following the issuance of “green loans” earmarked for green projects versus “sustainable loans” to firms bench-marked by ESG criteria. Firms issuing green loans appear to be effective...
Persistent link: https://www.econbiz.de/10013202785
Institutional investors located in cities with social norms friendlier towards the environment (“green” cities) are sensitive to corporate environmental practices. Their portfolios are tilted away from stocks exhibiting negative environmental practices, particularly those headquartered in...
Persistent link: https://www.econbiz.de/10014359338
We analyze the stock market response to a comprehensive international sample of 1,560 corporate green bond announcements between January 2013 and January 2022. We do not find any significant market response to these green bond announcements. We conduct a battery of tests to check the robustness...
Persistent link: https://www.econbiz.de/10014349672
alternative specifications and proxies for the cost of equity capital, to accounting for noise in analyst forecasts, and to …
Persistent link: https://www.econbiz.de/10012856614
, to using alternative specifications and proxies for the cost of equity capital, to accounting for noise in analyst …
Persistent link: https://www.econbiz.de/10014143730
Small and medium-sized enterprises play an important role in the economy in Europe. Consequently, their contribution to the realisation of sustainable development is also important. After briefly discussing the role of Corporate Social Responsibility in "getting closer to" sustainable...
Persistent link: https://www.econbiz.de/10010401773