When investors hold disproportionately high carbon emitters with associated increased carbon risk, a positive relationship exists between a firm’s carbon emissions and the association between the stock returns and dividend payment. If investors hold disproportionately high carbon emitters with the associated increased carbon risk stocks, the stock market reacts less positively (more negatively) to dividend increase (decrease) announcements. At the same time, if firms under-price their carbon risk, the stock market reacts less positively (more negatively) to dividend increase (decrease) announcements.
Conceptualized by John Dewey in the 1930s, valuation can be defined as a social practice whereby actors reflexively reframe the inherited unsatisfactory values. Values...
Cette recherche examine si les institutions financières qui ont acquis une bonne réputation dans le cadre de leurs activités de RSE ont également un...
Le baromètre de l'A analyse l'intégration de l'intelligence artificielle dans les entreprises françaises et britanniques et son impact sur la durabilité. Basé sur les...