To test whether acquisitions by environmentally high performing firms are associated with superior cumulative abnormal returns (CAR), this study computes industry-adjusted eco-efficiency scores at the firm level, using carbon emission data from the Carbon Disclosure Project for a worldwide...

This report evaluates strategies to improve the efficiency with which environmental resources are used to meet human needs. Many firms in OECD countries have developed strategies that involve:- developing goals to reduce resource use and pollutant release while improving customer service;- working...