The Impact of Corporate Climate Action on Financial Markets: Evidence from Climate-Related Patents
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References listed on IDEAS
- Pástor, Ľuboš & Stambaugh, Robert F. & Taylor, Lucian A., 2022.
"Dissecting green returns,"
Journal of Financial Economics, Elsevier, vol. 146(2), pages 403-424.
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More about this item
Keywords
climate-related patents; green patents; examiner leniency; climate change; implied cost of capital; ESG ratings; responsible investors; CO2 emissions.;All these keywords.
JEL classification:
- G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
- G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
- G24 - Financial Economics - - Financial Institutions and Services - - - Investment Banking; Venture Capital; Brokerage
- O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CFN-2023-02-13 (Corporate Finance)
- NEP-ENE-2023-02-13 (Energy Economics)
- NEP-ENV-2023-02-13 (Environmental Economics)
- NEP-IPR-2023-02-13 (Intellectual Property Rights)
- NEP-TID-2023-02-13 (Technology and Industrial Dynamics)
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