Does Carbon-Conscious Behavior Drive Firm Performance?
An Event Study on the Global 500 Companies
1st Edition
Published on 7. June 2011
XXIV, 168 pages
978-3-8349-6224-9 (ISBN)
Description
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.
More details
Series
Language
English
Place of publication
Wiesbaden
Germany
Publishing group
Betriebswirtschaftlicher Verlag Gabler
Target group
Professional and scholarly
Illustrations
XXIV, 168 p. 21 illus.
File size
89,52 MB
ISBN-13
978-3-8349-6224-9 (9783834962249)
DOI
10.1007/978-3-8349-6224-9
Schweitzer Classification
Other editions
Additional editions
Adrian Renner
Does Carbon-Conscious Behavior Drive Firm Performance?
An Event Study on the Global 500 Companies
Book
04/2011
1st Edition
Springer Gabler
€53.49
Shipment within 7-9 days
Person
Dr. Adrian Renner completed his doctoral thesis at the chair of industrial management at the University of Erlangen-Nuremberg.
Content
Impact of Carbon Disclosure Project Participation; Impact of Membership in Carbon Disclosure Leadership Index; Impact of Carbon Performance Award; Impact of Setting CO2 Reduction Targets; Impact of Having a Board-Level Member Responsible for Climate Change; Impact of Having an Incentive System to Support Climate-friendly Behavior
