This paper empirically assesses the value relevance of information on corporate climate change disclosure and performance to asset prices, and discusses whether this information is priced appropriately. Findings indicate that corporate disclosures of quantitative GHG emissions and, to a lesser...

Anhand von drei Fallstudien wurde im Projekt „Messung und Management der Material‐ undRessourceneffizienz in KMU mit dem Sustainable‐Value‐Ansatz (KMUSVA)“ die Anwendbarkeitdes Sustainable‐Value‐Ansatzes in KMU erprobt. Das Projekt wurde im Rahmen des...

Mit der ersten Auflage dieser Studie lag erstmals eine Nachhaltigkeitsbewertung von 16 Automobilherstellern weltweit mit dem Sustainable-Value-Ansatz vor. Mit dieser zweiten Auflage der Studie bringen wir die Ergebnisse auf Stand der aktuell verfügbaren Performancedaten und erweitern die Zahl...

The concept of ‘net present sustainable value' is introduced as a new strategic tool for sustainable investment appraisal, which extends the traditional net present value approach to include resources other than capital. The proposed approach examines if the present value of the future returns...

In this paper, we propose the return-to-cost-ratio (RCR) as an alternative approach to the analysis of operational eco-efficiency of companies based on the notion of opportunity costs. RCR helps to overcome two fundamental deficits of existing approaches to eco-efficiency. (1) It translates...

We investigate the relationship between corporate and country sustainability on the cost of bank loans. We look into 470 loan agreements signed between 2005 and 2012 with borrowers based on 28 different countries across the world and operating in all major industries. Our principal findings...

We investigate the relationship between corporate and country sustainability on the cost of bank loans. We look into 470 loan agreements signed between 2005 and 2012 with borrowers based on 28 different countries across the world and operating in all major industries. Our principal findings...

We provide new evidence on the effects of competition on incumbents' innovative behavior by examining the rise of FinTech start-ups over the period 2000-2016. We employ machine learning techniques to classify a large global sample of patent applications into five FinTech categories. We exploit...

pt. 1, 1. Introduction to The Routledge handbook of responsible investment / Tessa Hebb. [et al.] ; 2. Setting the scene : the basics and basis of responsible investment / James P. Hawley ; 3. Is responsible investment proportionally under-researched? / Andreas G.F. Hoepner, David G. McMillan...