This paper examines the relationship between corporate activities to address climate change and stock performance. By separately analyzing the US and European stock markets for different sub-periods, we highlight the impact of the underlying climate policy regime. Methodologically, we compare...

Hohe Konzentrationen von Luftschadstoffen, insbesondere von Feinstaub (PM10) und bodennahem Ozon, gefährden die Gesundheit und können im Falle von Ozon auch die Vegetation schädigen. Als Mitglied der Europäischen Union ist die Bundesrepublik Deutschland verpflichtet die Einhaltung der...

This paper examines the relationship between corporate activities to address climate change and stock performance. By separately analyzing the US and European stock markets for different sub-periods, we highlight the impact of the underlying climate policy regime. Methodologically, we compare...

This paper examines the relationship between corporate activities to address climate change and stock performance. By separately analyzing the US and European stock markets for different sub-periods, we highlight the impact of the underlying climate policy regime. Methodologically, we compare...

This paper examines the role of prior knowledge in offsetting CO2 emissions from fuel consumption in vehicle use. The main result of our econometric analysis on the basis of unique representative data from drivers’ license holders in the USA and Germany refers to the strong discrepancy between...

This paper examines the relationship between disclosed corporate responses to climate change and stock performance on the European and US stock markets. Methodologically, we consider investor expectations and compare risk-adjusted returns of stock portfolios comprising corporations that differ...