Opening book details…
Can I read ECB Climate Stress Test Impact on Banks on EtoBox?
ECB Climate Stress Test Impact on Banks by malikishraq is a document available to read on EtoBox.
What is ECB Climate Stress Test Impact on Banks about?
This research article analyzes the impact of the 2021 ECB Climate stress test on the stock returns of euro zone banks. The study finds that the announcement of the stress test methodology had no significant effect on stock prices, while the publication of detailed final results led to a positive market reaction, suggesting lower-than-expected climate risk exposure. Additionally, an event related to COP26 did not significantly influence bank stock prices, indicating that the market
- Author
- malikishraq
- Language
- EN