Does Carbon-Conscious Behavior Drive Firm Performance?

An Event Study on the Global 500 Companies
2011
ISBN: 978-3-8349-2964-8
Verlag: Gabler Verlag

Buch, Englisch, 168 Seiten, Format (B × H): 148 mm x 210 mm, Gewicht: 286 g

With a foreword by Prof. Dr. Kai-Ingo Voigt

Climate change and ist 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.

Zielgruppe

Researchers and students in the fields of financial management and industrial management
Board members, head of investor relations, environmental officiers, equity and bond holders

Autoren/Hrsg.

Renner, Adrian

Fachgebiete

• Wirtschaftswissenschaften Betriebswirtschaft Unternehmensforschung
• Wirtschaftswissenschaften Betriebswirtschaft Management Geschäftswettbewerb
• Wirtschaftswissenschaften Betriebswirtschaft Bereichsspezifisches Management Betriebliches Energie- und Umweltmanagement
• Wirtschaftswissenschaften Betriebswirtschaft Management Unternehmensorganisation & Entwicklungsstrategien

Inhaltsverzeichnis

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

Über Autor(innen)

Dr. Adrian Renner completed his doctoral thesis at the chair of industrial management at the University of Erlangen-Nuremberg.