Kyaw, Khine - In: Journal of risk and financial management : JRFM 13 (2020) 8/175, pp. 1-14
Do investors believe that firm-level (i.e., idiosyncratic) risk of green (i.e., environmentally responsible) firms is relatively lower? How does high market volatility affect the investors' view on the firm-level risk of green firms? This paper addresses these questions by investigating the...