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Do stock markets penalize environment-unfriendly behaviour? Evidence from India

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Cited by:

  1. Allen Blackman, 2010. "Alternative Pollution Control Policies in Developing Countries," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 4(2), pages 234-253, Summer.
  2. Tingfa Zhang & Huaying Qin & Weishuang Xu, 2022. "Environmental Regulation, Greenwashing Behaviour, and Green Governance of High-Pollution Enterprises in China," IJERPH, MDPI, vol. 19(19), pages 1-22, October.
  3. Corbet, Shaen & Larkin, Charles & McMullan, Caroline, 2020. "The impact of industrial incidents on stock market volatility," Research in International Business and Finance, Elsevier, vol. 52(C).
  4. Ye, Dezhu & Liu, Shasha & Kong, Dongmin, 2013. "Do efforts on energy saving enhance firm values? Evidence from China's stock market," Energy Economics, Elsevier, vol. 40(C), pages 360-369.
  5. Moreno, Blanca & García-Álvarez, María Teresa & Fonseca, Ana Rosa, 2017. "Fuel prices impacts on stock market of metallurgical industry under the EU emissions trading system," Energy, Elsevier, vol. 125(C), pages 223-233.
  6. Pekka Tervonen & Harri Haapasalo & Sari Juntunen, 2010. "Development of environmental management: a case study of steel production," International Journal of Sustainable Economy, Inderscience Enterprises Ltd, vol. 2(2), pages 144-163.
  7. Omaima A.G. Hassan & Peter Romilly, 2018. "Relations between corporate economic performance, environmental disclosure and greenhouse gas emissions: New insights," Business Strategy and the Environment, Wiley Blackwell, vol. 27(7), pages 893-909, November.
  8. Blackman, Allen, 2009. "Alternative Pollution Control Policies in Developing Countries: Informal, Informational, and Voluntary," RFF Working Paper Series dp-09-10, Resources for the Future.
  9. X. Xu & S. Zeng & C. Tam, 2012. "Stock Market’s Reaction to Disclosure of Environmental Violations: Evidence from China," Journal of Business Ethics, Springer, vol. 107(2), pages 227-237, May.
  10. Liu, Shaohui & Liu, Chuanjiang & Yang, Mian, 2022. "Greening of Chinese industrial sector: Stakeholders' responsiveness to non-governmental environmental monitoring," China Economic Review, Elsevier, vol. 72(C).
  11. Ziegler, Andreas & Busch, Timo & Hoffmann, Volker H., 2011. "Disclosed corporate responses to climate change and stock performance: An international empirical analysis," Energy Economics, Elsevier, vol. 33(6), pages 1283-1294.
  12. Reem Fraih Alshiban & Khalid Rasheed Al-Adeem, 2022. "Empirically Investigating the Disclosure of Nonfinancial Information: A Content Study on Corporations Listed in the Saudi Capital Market," JRFM, MDPI, vol. 15(6), pages 1-23, June.
  13. Halkos, George & Sepetis, Anastasios, 2007. "Can capital markets respond to environmental policy of firms? Evidence from Greece," Ecological Economics, Elsevier, vol. 63(2-3), pages 578-587, August.
  14. Yamaguchi, Keiko, 2008. "Reexamination of stock price reaction to environmental performance: A GARCH application," Ecological Economics, Elsevier, vol. 68(1-2), pages 345-352, December.
  15. Patrick Richard, 2010. "Financial market instability and CO2 emissions," Cahiers de recherche 10-20, Departement d'économique de l'École de gestion à l'Université de Sherbrooke.
  16. Will Gans & Beat Hintermann, 2013. "Market Effects of Voluntary Climate Action by Firms: Evidence from the Chicago Climate Exchange," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 55(2), pages 291-308, June.
  17. Jan Endrikat, 2016. "Market Reactions to Corporate Environmental Performance Related Events: A Meta-analytic Consolidation of the Empirical Evidence," Journal of Business Ethics, Springer, vol. 138(3), pages 535-548, October.
  18. Shahbaz, Muhammad, 2013. "Does financial instability increase environmental degradation? Fresh evidence from Pakistan," Economic Modelling, Elsevier, vol. 33(C), pages 537-544.
  19. Liu, Zuoming, 2020. "Unraveling the complex relationship between environmental and financial performance ─── A multilevel longitudinal analysis," International Journal of Production Economics, Elsevier, vol. 219(C), pages 328-340.
  20. Surender Kumar & Pritika Dua, 2022. "Environmental management practices and financial performance: evidence from large listed Indian enterprises," Journal of Environmental Planning and Management, Taylor & Francis Journals, vol. 65(1), pages 37-61, January.
  21. Kar Yee Lo & Calvin Lee Kwan, 2017. "The Effect of Environmental, Social, Governance and Sustainability Initiatives on Stock Value – Examining Market Response to Initiatives Undertaken by Listed Companies," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 24(6), pages 606-619, November.
  22. Shreekant Gupta & Bishwanath Goldar & Shubham Dang, 2019. "Environmental Performance And Capital Markets--Evidence From India," Working papers 303, Centre for Development Economics, Delhi School of Economics.
  23. Anabel Zárate-Marco & Jaime Vallés-Giménez, 2015. "Environmental tax and productivity in a decentralized context: new findings on the Porter hypothesis," European Journal of Law and Economics, Springer, vol. 40(2), pages 313-339, October.
  24. Shahbaz, Muhammad, 2010. "Does financial instability increase environmental pollution in Pakistan?," MPRA Paper 31360, University Library of Munich, Germany, revised 28 Mar 2011.
  25. Haifeng Huang & Di Wu & Gaya J, 2017. "Chinese shareholders’ reaction to the disclosure of environmental violations: a CSR perspective," International Journal of Corporate Social Responsibility, Springer, vol. 2(1), pages 1-16, December.
  26. Capelle-Blancard, Gunther & Laguna, Marie-Aude, 2010. "How does the stock market respond to chemical disasters?," Journal of Environmental Economics and Management, Elsevier, vol. 59(2), pages 192-205, March.
  27. Deák, Zsuzsanna & Karali, Berna, 2014. "Stock Market Reactions to Environmental News in the Food Industry," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 46(2), pages 209-225, May.
  28. Ruiqian Li & Ramakrishnan Ramanathan & Guanghua Xu, 2023. "The impact of penalties for environmental violations on corporate environmental responsibility," Sustainable Development, John Wiley & Sons, Ltd., vol. 31(3), pages 1343-1363, June.
  29. Oberndorfer, Ulrich & Ziegler, Andreas, 2006. "Environmentally oriented energy policy and stock returns: an empirical analysis," ZEW Discussion Papers 06-079, ZEW - Leibniz Centre for European Economic Research.
  30. José Moneva & Beatriz Cuellar, 2009. "The Value Relevance of Financial and Non-Financial Environmental Reporting," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 44(3), pages 441-456, November.
  31. Oberndorfer, Ulrich & Schmidt, Peter & Wagner, Marcus & Ziegler, Andreas, 2013. "Does the stock market value the inclusion in a sustainability stock index? An event study analysis for German firms," Journal of Environmental Economics and Management, Elsevier, vol. 66(3), pages 497-509.
  32. repec:dau:papers:123456789/3187 is not listed on IDEAS
  33. Urs von Arx & Andreas Ziegler, 2008. "The Effect of CSR on Stock Performance: New Evidence for the USA and Europe," CER-ETH Economics working paper series 08/85, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
  34. Joaquín Cañón-de-Francia & Concepción Garcés-Ayerbe, 2009. "ISO 14001 Environmental Certification: A Sign Valued by the Market?," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 44(2), pages 245-262, October.
  35. Brouwers, Roel & Schoubben, Frederiek & Van Hulle, Cynthia & Van Uytbergen, Steve, 2016. "The initial impact of EU ETS verification events on stock prices," Energy Policy, Elsevier, vol. 94(C), pages 138-149.
  36. Takeda, Fumiko & Tomozawa, Takanori, 2008. "A change in market responses to the environmental management ranking in Japan," Ecological Economics, Elsevier, vol. 67(3), pages 465-472, October.
  37. repec:ebl:ecbull:v:13:y:2006:i:6:p:1-4 is not listed on IDEAS
  38. Peillex, Jonathan, 2023. "Réaction des investisseurs à la création de fonds éthiques [Investor reaction to the creation of ethical funds]," MPRA Paper 118930, University Library of Munich, Germany.
  39. Omaima A.G. Hassan, 2018. "The impact of voluntary environmental disclosure on firm value: Does organizational visibility play a mediation role?," Business Strategy and the Environment, Wiley Blackwell, vol. 27(8), pages 1569-1582, December.
  40. Yalin Zhou & Jing Cao & Yujia Feng, 2021. "Stock Market Reactions to Pollution Information Disclosure: New Evidence from the Pollution Blacklist Program in China," Sustainability, MDPI, vol. 13(4), pages 1-13, February.
  41. Renato Garzón-Jiménez & Ana Zorio-Grima, 2021. "Effects of Carbon Emissions, Environmental Disclosures and CSR Assurance on Cost of Equity in Emerging Markets," Sustainability, MDPI, vol. 13(2), pages 1-11, January.
  42. Zhenjie Liu & Weian Li & Chen Hao & Huan Liu, 2021. "Corporate environmental performance and financing constraints: An empirical study in the Chinese context," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 28(2), pages 616-629, March.
  43. José A. Moseñe Fierro & M. Victoria Sanagustín-Fons & César Álvarez Alonso, 2020. "Accountability through Environmental and Social Reporting by Wind Energy Sector Companies in Spain," Sustainability, MDPI, vol. 12(16), pages 1-18, August.
  44. Andreas Ziegler, 2012. "Is it Beneficial to be Included in a Sustainability Stock Index? A Panel Data Study for European Firms," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 52(3), pages 301-325, July.
  45. Hanae Tamechika & Shin’ya Okuda, 2017. "Stock price responses to the eco-points programme for electrical household appliances: evidence from Japan," Applied Economics, Taylor & Francis Journals, vol. 49(58), pages 5856-5864, December.
  46. Ghosh, Saibal, 2011. "Price jitters: Do markets punish political stocks?," MPRA Paper 33170, University Library of Munich, Germany.
  47. Giuliana Birindelli & Helen Chiappini, 2021. "Climate change policies: Good news or bad news for firms in the European Union?," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 28(2), pages 831-848, March.
  48. Kuo Zhou & Xianghui Jin & Xinru Li & Yunqing Tao, 2024. "Enhancing sustainable development through effective disclosure: Corporate environmental performance and readability," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 31(1), pages 274-291, January.
  49. Tomlin Jonathan T., 2009. "The Impact of Smoking Bans on the Hospitality Industry: New Evidence from Stock Market Returns," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 9(1), pages 1-19, March.
  50. Xuanai Huang & Yaozhong Wang & Ying Chen & Zunguo Hu, 2024. "Green Technology Innovation and Enterprise Performance: An Analysis Based on Causal Machine Learning Models," Sustainability, MDPI, vol. 16(6), pages 1-16, March.
  51. Ulrich Oberndorfer & Dirk Ulbricht & Janina Ketterer, 2007. "Lost in Transmission? Stock Market Impacts of the 2006 European Gas Crisis," ifo Working Paper Series 41, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
  52. Thi Hong Hanh Pham, 2015. "Energy management systems and market value: Is there a link?," Post-Print hal-03705802, HAL.
  53. Urs von Arx & Andreas Ziegler, 2014. "The effect of corporate social responsibility on stock performance: new evidence for the USA and Europe," Quantitative Finance, Taylor & Francis Journals, vol. 14(6), pages 977-991, June.
  54. Birindelli, Giuliana & Miazza, Aline & Paimanova, Viktoriia & Palea, Vera, 2023. "Just “blah blah blah”? Stock market expectations and reactions to COP26," International Review of Financial Analysis, Elsevier, vol. 88(C).
  55. Linyan Fan & Sheng Yao, 2022. "Analyst Site Visits and Corporate Environmental Information Disclosure: Evidence from China," IJERPH, MDPI, vol. 19(23), pages 1-21, December.
  56. Kimitaka Nishitani & Katsuhiko Kokubu, 2012. "Why Does the Reduction of Greenhouse Gas Emissions Enhance Firm Value? The Case of Japanese Manufacturing Firms," Business Strategy and the Environment, Wiley Blackwell, vol. 21(8), pages 517-529, December.
  57. Paramati, Sudharshan Reddy & Alam, Md Samsul & Apergis, Nicholas, 2018. "The role of stock markets on environmental degradation: A comparative study of developed and emerging market economies across the globe," Emerging Markets Review, Elsevier, vol. 35(C), pages 19-30.
  58. Kimitaka Nishitani & Shinji Kaneko & Satoru Komatsu & Hidemichi Fujii, 2011. "Firm's reduction of greenhouse gas emissions and economic performance: analyzing effects through demand and productivity," IDEC DP2 Series 1-1, Hiroshima University, Graduate School for International Development and Cooperation (IDEC).
  59. Ansita Aggarwal & Satya Ranjan Acharya, 2019. "Impact On Capital Structure Decision Making: Indian Medium-Sized Food Industry Analysis," Copernican Journal of Finance & Accounting, Uniwersytet Mikolaja Kopernika, vol. 8(4), pages 47-60.
  60. Saibal Ghosh, 2018. "Does Government Activism Affect Second-hand Car Prices? Evidence from a Natural Experiment," Margin: The Journal of Applied Economic Research, National Council of Applied Economic Research, vol. 12(1), pages 1-18, February.
  61. Anrong Gao & Tianren Xiong & Yuxi Luo & Defeng Meng, 2023. "Promote or Crowd Out? The Impact of Environmental Information Disclosure Methods on Enterprise Value," Sustainability, MDPI, vol. 15(4), pages 1-19, February.
  62. Fumiko Takeda & Takanori Tomozawa, 2006. "An Empirical Study on Stock Price Responses to the Release of the Environmental Management Ranking in Japan," Economics Bulletin, AccessEcon, vol. 13(6), pages 1-4.
  63. Claudia Poser & Edeltraud Guenther & Marc Orlitzky, 2012. "Shades of green: using computer-aided qualitative data analysis to explore different aspects of corporate environmental performance," Metrika: International Journal for Theoretical and Applied Statistics, Springer, vol. 22(4), pages 413-450, January.
  64. Kimitaka Nishitani & M.B. Haider & Katsuhiko Kokubu, 2014. "Corporate Environmental Initiatives and Shareholder Value: Focusing on the Role of Environmental Information and Its Credibility," Discussion Paper Series DP2014-13, Research Institute for Economics & Business Administration, Kobe University.
  65. Seong-jin Choi & Jong Kwon Ko & Sukyoon Jung, 2018. "A Conglomerate’s Effort for Co-Prospering with Its Subcontractors and Firm Value: Evidence from Korea," Sustainability, MDPI, vol. 10(7), pages 1-15, July.
  66. Altaf Hussain & Rashid Ahmad, 2020. "The Effect of Financial Sector Development on Carbon Emission in Thailand," iRASD Journal of Energy and Environment, International Research Association for Sustainable Development (iRASD), vol. 1(2), pages 72-82, December.
  67. Leal-Rodríguez, Antonio L. & Ariza-Montes, Antonio J. & Morales-Fernández, Emilio & Albort-Morant, Gema, 2018. "Green innovation, indeed a cornerstone in linking market requests and business performance. Evidence from the Spanish automotive components industry," Technological Forecasting and Social Change, Elsevier, vol. 129(C), pages 185-193.
  68. Md Samsul Alam & Nicholas Apergis & Sudharshan Reddy Paramati & Jianchun Fang, 2021. "The impacts of R&D investment and stock markets on clean‐energy consumption and CO2 emissions in OECD economies," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 26(4), pages 4979-4992, October.
  69. Kim, Dong-Hyeon & Wu, Yi-Chen & Lin, Shu-Chin, 2020. "Carbon dioxide emissions and the finance curse," Energy Economics, Elsevier, vol. 88(C).
  70. Nicholas Powers & Allen Blackman & Thomas Lyon & Urvashi Narain, 2011. "Does Disclosure Reduce Pollution? Evidence from India’s Green Rating Project," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 50(1), pages 131-155, September.
  71. Ambec, Stefan & Barla, Philippe, 2005. "Can Environmental Regulations be Good for Business? an Assessment of the Porter Hypothesis," Cahiers de recherche 0505, Université Laval - Département d'économique.
  72. Ziegler, Andreas & Schröder, Michael, 2010. "What determines the inclusion in a sustainability stock index?: A panel data analysis for european firms," Ecological Economics, Elsevier, vol. 69(4), pages 848-856, February.
  73. Yassin Denis Bouzzine & Rainer Lueg, 2020. "The contagion effect of environmental violations: The case of Dieselgate in Germany," Business Strategy and the Environment, Wiley Blackwell, vol. 29(8), pages 3187-3202, December.
  74. Wang, Jingjuan & Xia, Weili, 2022. "Public attention and investment efficiency: Incentive effect or deterrent effect? Analysis on heterogeneous bilateral stochastic frontier model," Technological Forecasting and Social Change, Elsevier, vol. 185(C).
  75. Kartick Gupta, 2018. "Environmental Sustainability and Implied Cost of Equity: International Evidence," Journal of Business Ethics, Springer, vol. 147(2), pages 343-365, January.
  76. Lyon, Thomas & Lu, Yao & Shi, Xinzheng & Yin, Qie, 2013. "How do investors respond to Green Company Awards in China?," Ecological Economics, Elsevier, vol. 94(C), pages 1-8.
  77. Guo, Mengmeng & Kuai, Yicheng & Liu, Xiaoyan, 2020. "Stock market response to environmental policies: Evidence from heavily polluting firms in China," Economic Modelling, Elsevier, vol. 86(C), pages 306-316.
  78. Yan Jiang & Le Luo, 2018. "Market reactions to environmental policies: Evidence from China," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 25(5), pages 889-903, September.
  79. Tommy Lundgren & Rickard Olsson, 2010. "Environmental incidents and firm value-international evidence using a multi-factor event study framework," Applied Financial Economics, Taylor & Francis Journals, vol. 20(16), pages 1293-1307.
  80. Mariana Conte Grand & Vanesa V. D'Elia, 2005. "Environmental news and stock markets performance: Further evidence for Argentina," CEMA Working Papers: Serie Documentos de Trabajo. 300, Universidad del CEMA.
  81. Chen, Hongtao & Fang, Xiumei & Xiang, Erwei & Ji, Xiaojia & An, Maolin, 2023. "Do online media and investor attention affect corporate environmental information disclosure?Evidence from Chinese listed companies," International Review of Economics & Finance, Elsevier, vol. 86(C), pages 1022-1040.
  82. Chris K. Y. Lo & Christopher S. Tang & Yi Zhou & Andy C. L. Yeung & Di Fan, 2018. "Environmental Incidents and the Market Value of Firms: An Empirical Investigation in the Chinese Context," Manufacturing & Service Operations Management, INFORMS, vol. 20(3), pages 422-439, July.
  83. Eungkyoon Lee, 2010. "Information disclosure and environmental regulation: Green lights and gray areas," Regulation & Governance, John Wiley & Sons, vol. 4(3), pages 303-328, September.
  84. Vinish Kathuria, 2009. "Public disclosures: using information to reduce pollution in developing countries," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 11(5), pages 955-970, October.
  85. Ziegler, Andreas & Schröder, Michael, 2006. "What Determines the Inclusion in a Sustainability Stock Index? A Panel Data Analysis for European Companies," ZEW Discussion Papers 06-041, ZEW - Leibniz Centre for European Economic Research.
  86. Surender Kumar & Shivananda Shetty, 2018. "Does environmental performance improve market valuation of the firm: evidence from Indian market," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 20(2), pages 241-260, April.
  87. Pham, Thi Hong Hanh, 2015. "Energy management systems and market value: Is there a link?," Economic Modelling, Elsevier, vol. 46(C), pages 70-78.
  88. Eungkyoon Lee & Raul P. Lejano & Robert J. Connelly, 2013. "Regulation‐by‐information in areas of limited statehood: Lessons from the Philippines' environmental regulation," Regulation & Governance, John Wiley & Sons, vol. 7(3), pages 387-405, September.
  89. Nakai, Miwa & Yamaguchi, Keiko & Takeuchi, Kenji, 2016. "Can SRI funds better resist global financial crisis? Evidence from Japan," International Review of Financial Analysis, Elsevier, vol. 48(C), pages 12-20.
  90. Cormier, Denis & Magnan, Michel, 2007. "The revisited contribution of environmental reporting to investors' valuation of a firm's earnings: An international perspective," Ecological Economics, Elsevier, vol. 62(3-4), pages 613-626, May.
  91. Tamechika, Hanae, 2020. "Effects of Environment-Related Stimulus Policies: An Event Study Approach," 2020 Conference (64th), February 12-14, 2020, Perth, Western Australia 305244, Australian Agricultural and Resource Economics Society.
  92. James J. Cordeiro & Ambra Galeazzo & Tara Shankar Shaw & Rajaram Veliyath & M. K. Nandakumar, 2018. "Ownership influences on corporate social responsibility in the Indian context," Asia Pacific Journal of Management, Springer, vol. 35(4), pages 1107-1136, December.
  93. Rassier, Dylan G. & Earnhart, Dietrich, 2015. "Effects of environmental regulation on actual and expected profitability," Ecological Economics, Elsevier, vol. 112(C), pages 129-140.
  94. Yael Barash‐Harman, 2020. "Effect of trade and manufacturer traceability on the environmental performance of local companies in emerging economies," Regulation & Governance, John Wiley & Sons, vol. 14(4), pages 804-820, October.
  95. Martin-Tapia, Inmaculada & Aragon-Correa, Juan Alberto & Senise-Barrio, Maria Eugenia, 2008. "Being green and export intensity of SMEs: The moderating influence of perceived uncertainty," Ecological Economics, Elsevier, vol. 68(1-2), pages 56-67, December.
  96. Dongmin Kong & Shasha Liu & Yunhao Dai, 2014. "Environmental Policy, Company Environment Protection, and Stock Market Performance: Evidence from China," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 21(2), pages 100-112, March.
  97. Agarwal, Sumit & Ding, Yanhao & Kuang, Weida & Zhu, Xiao, 2023. "Are environmental punishments good news or bad news? Evidence from China," Journal of Environmental Economics and Management, Elsevier, vol. 120(C).
  98. Nicholas, Powers & Blackman, Allen & Lyon, Thomas P. & Narain, Urvashi, 2008. "Does Disclosure Reduce Pollution? Evidence from India’s Green Rating Project," RFF Working Paper Series dp-08-27-efd, Resources for the Future.
  99. Seyed Amir Hossein Sabet & Marie-Anne Cam & Richard Heaney, 2012. "Share market reaction to the BP oil spill and the US government moratorium on exploration," Australian Journal of Management, Australian School of Business, vol. 37(1), pages 61-76, April.
  100. Harjoto, Maretno A. & Hoepner, Andreas G.F. & Li, Qian, 2021. "Corporate social irresponsibility and portfolio performance: A cross-national study," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 70(C).
  101. Kim Eun-Hee & Lyon Thomas, 2011. "When Does Institutional Investor Activism Increase Shareholder Value?: The Carbon Disclosure Project," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 11(1), pages 1-29, August.
  102. Wu, Shanshan & Zhang, Jing & Elliott, Robert J.R., 2023. "Green securities policy and the environmental performance of firms: Assessing the impact of China's pre-IPO environmental inspection policy," Ecological Economics, Elsevier, vol. 209(C).
  103. E. Shvarts & A. Pakhalov & A. Knizhnikov & L. Ametistova, 2018. "Environmental rating of oil and gas companies in Russia: How assessment affects environmental transparency and performance," Business Strategy and the Environment, Wiley Blackwell, vol. 27(7), pages 1023-1038, November.
  104. Kathuria, Vinish, 2007. "Informal regulation of pollution in a developing country: Evidence from India," Ecological Economics, Elsevier, vol. 63(2-3), pages 403-417, August.
  105. Alberto Barroso Del Toro & Laura Vivas Crisol & Xavier Tort-Martorell, 2022. "The Sustainability Narrative: A Multi Study Using Event Studies to Analyse the American Energy Companies Shareholder’s Reaction to Sustainability News," IJERPH, MDPI, vol. 19(23), pages 1-17, November.
  106. Andreas G. F. Hoepner & Lisa Schopohl, 2018. "On the Price of Morals in Markets: An Empirical Study of the Swedish AP-Funds and the Norwegian Government Pension Fund," Journal of Business Ethics, Springer, vol. 151(3), pages 665-692, September.
  107. S. Sudha, 2015. "Risk-return and Volatility analysis of Sustainability Index in India," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 17(6), pages 1329-1342, December.
  108. Liu, Haiyue & Wang, Yile & Shi, Xiaoshuang & Pang, Lina, 2022. "How do environmental policies affect capital market reactions? Evidence from China's construction waste treatment policy," Ecological Economics, Elsevier, vol. 198(C).
  109. X. D. Xu & S. X. Zeng & H. L. Zou & Jonathan J. Shi, 2016. "The Impact of Corporate Environmental Violation on Shareholders' Wealth: a Perspective Taken from Media Coverage," Business Strategy and the Environment, Wiley Blackwell, vol. 25(2), pages 73-91, February.
  110. Xingqiang Du, 2015. "How the Market Values Greenwashing? Evidence from China," Journal of Business Ethics, Springer, vol. 128(3), pages 547-574, May.
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