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Does Carbon-Conscious Behavior Drive Firm Performance?: An Event Study on the Global 500 Companies

Autor Adrian Renner
en Limba Engleză Paperback – 18 apr 2011

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Specificații

ISBN-13: 9783834929648
ISBN-10: 3834929646
Pagini: 194
Ilustrații: XXIV, 168 p. 21 illus.
Dimensiuni: 148 x 210 x 14 mm
Greutate: 0.24 kg
Ediția:2011
Editura: Gabler Verlag
Colecția Gabler Verlag
Locul publicării:Wiesbaden, Germany

Public țintă

Research

Notă biografică

Dr. Adrian Renner completed his doctoral thesis at the chair of industrial management at the University of Erlangen-Nuremberg.

Textul de pe ultima copertă

Climate change and its implications for consumers and policymakers, have been discussed extensively. Adrian Renner provides a unique perspective on how stockholders react if companies move towards a carbon-conscious future. A multi-country event study approach was used to analyze stock market reactions of the largest 500 companies globally. The analysis shows that depending on the situation of the company outcomes vary substantially. For example, Asian companies were gratified by investors for their carbon-conscious behavior while European and North American companies got punished for this.