Is 'Being Green' Rewarded in the Market?: An Empirical Investigation of Decarbonization and Stock Returns

2019

120 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/28f67a2248eb3a1c9041ea17916aec96f707931d

Citations in the corpus

• Dissecting Climate Risks: Are they Reflected in Stock Prices? (2021, unknown): “(for reviews, see Das (2014), Loughran and McDonald (2016), Gentzkow et al.”
• Does the CDS Market Reflect Regulatory Climate Risk Disclosures? (2020, unknown): “The majority of recent studies use either carbon emissions (Chen and Gao, 2012; Andersson et al., 2016; Liesen et al., 2017; Jung et al., 2018; In et al., 2019; Ilhan et al., 2019b; Ramelli et al., 2018) or ESG scores (Görgen et al., 2019) to proxy for climate risk.9 Ginglinger and Moreau (2019)…”
• The impact of climate change on the cost of bank loans (2020, unknown): “Recent studies by Garvey et al. (2018) and In et al. (2019) suggest that a long-short portfolio constructed from stocks with low versus high emission intensity generates significantly positive alpha.”