This paper tests and supports the hypothesis that information provided by the media about the environmental effects of benzene had a significant impact on the demand for super unleaded petrol in the United Kingdom between 1991 and 1995, explaining in part the large drop in demand at the end of...

Using unbalanced panel data on 3326 Chinese listed companies from 2014 to 2021, this study investigates the impact of corporate environmental performance on China's excess stock returns. The results show that stocks of companies with better environmental performance earn signifcantly higher...