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What is Capital Market Reactions to Environmental Performance about?

This article analyzes the response of capital markets in Argentina, Chile, the Philippines, and Mexico to environmental performance news about companies. It collected environmental news reports from 1990-1994 and categorized them as relating to companies that were traded or non-traded, as well as being positive or negative news. The researchers found that positive environmental news increased the market value of traded companies by over 20% while negative news, especially regarding citizen complaints, decre

Author

Gaurav Sharma

Language

EN