-regulation on stock returns and equity risk of affected companies. The focus is therefore laid on the the (renewable) energy sector … valuation and their perception of risk. In addition, it can be shown that positive announcements lead to a positive effect while … regulatory changes requires a combined consideration of risk and return effects. Otherwise the results for the impact on a whole …

the level of policy rates at the time of the news release, and risk conditions: Government bond yields increase in … response to "good news," but less so when risk is elevated. Risk conditions matter since they can capture the effects of … objectives of central banks, and the effect of news announcements on the risk premium. …