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This paper examines the relationship between corporate ownership structure and greenhouse gas (GHG) emissions. We find that institutional ownership significantly reduces corporate GHG emissions in China. We also observe that pressure-resistant institutional investors and qualified foreign...
Persistent link: https://www.econbiz.de/10014238614
We argue for the introduction of firm-level emission futures contracts as a novel way of assessing the real impact of ESG initiatives. Our measure is based on the forward-looking market-based valuation of firm-level CO2 emissions. We establish both theoretically and empirically that...
Persistent link: https://www.econbiz.de/10014238936
Using resource dependence theory, we analyze board interlocks, their industry origin, and their relationship to firms’ greenhouse gas (GHG) emissions. Interlocks create connections by having board members from one firm sit on other firms’ boards, providing an avenue for sharing information...
Persistent link: https://www.econbiz.de/10014239488
The article makes an interdisciplinary contribution across environmental research and sociology. By bringing contemporary class theory to ecological analysis of Greenhouse Gas (GHG) emissions, we provide a new framework to discuss the social underpinnings of climate change. Engaging with the...
Persistent link: https://www.econbiz.de/10014241378
In this paper, we evaluate the causal effects of climate policies on carbon emissions reductions. Using Sweden as a case study, we compare the effects of the domestic carbon tax and the Kyoto Protocol over the period 1965--2018. A simulation exercise shows that the test for causality in the...
Persistent link: https://www.econbiz.de/10014242847
It is well established from a variety of studies, that decarbonizion of the electricity sector has to be at the heart of any national and international effort to combat climate change. Central to the debate on electricity generation-related CO2 emissions is the assessment of explicative factors...
Persistent link: https://www.econbiz.de/10014244357
In the spring of 2007, the U.S. Supreme Court ruled in Massachusetts v. EPA that the U.S. Environmental Protection Agency (EPA) must promulgate automobile tailpipe greenhouse gas emission standards under Section 202 of the Clean Air Act (CAA). American environmentalists hailed the Supreme...
Persistent link: https://www.econbiz.de/10014219961