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Does carbon-conscious behavior drive firm performance? : An event study on the Global 500 companies / by Adrian Renner

By: Resource type: Ressourcentyp: Buch (Online)Book (Online)Language: English Series: SpringerLink BücherPublisher: Wiesbaden : Gabler Verlag / Springer Fachmedien Wiesbaden GmbH, Wiesbaden, 2011Description: Online-Ressource (XXIV, 168p. 21 illus, digital)ISBN:
  • 9783834962249
Subject(s): Additional physical formats: 9783834929648 | Buchausg. u.d.T.: Does carbon-conscious behavior drive firm performance?. 1. Aufl. Wiesbaden : Gabler, 2011. XXII, 168 S.DDC classification:
  • 657.8333
  • 658.152
  • 332 23
RVK: RVK: QP 240LOC classification:
  • HG1-9999 HG4501-6051 HG1501-HG3550
  • HG1-HG9999
  • HD30.255
DOI: DOI: 10.1007/978-3-8349-6224-9Online resources: Summary: 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 thisPPN: PPN: 165096465XPackage identifier: Produktsigel: ZDB-2-SBE
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