Climate change, risk factors and stock returns: A review of the literature

A Venturini - International Review of Financial Analysis, 2022 - Elsevier
This article reviews how climate change could be considered an additional source of market
risk. I discuss the types of data needed to analyse the climate risk drivers that shape the …

Environmental regulation and technological innovation: Evidence from China

W Mbanyele, F Wang - Environmental Science and Pollution Research, 2022 - Springer
We analyze the real effects of the environmental regulation on technological innovation
using an air pollution reduction governance policy promulgated in China under the 12th …

Climate change exposure, risk management and corporate social responsibility: Cross-country evidence

W Mbanyele, LT Muchenje - Journal of Multinational Financial Management, 2022 - Elsevier
We examine how climate change risk impacts corporate social responsibility using an
international firm-level sample. Exploiting a new firm-level measure of climate change risk …

[HTML][HTML] Does cybersecurity risk stifle corporate innovation activities?

J Wang, CYC Ho, YG Shan - International Review of Financial Analysis, 2024 - Elsevier
Cybersecurity risk has become a major concern for organizations due to its potential impact
on a variety of corporate activities. This paper examines the impact of cybersecurity risk on …

Belated stock returns for green innovation under carbon emissions trading market

F Chen, Z Chen, X Zhang - Journal of Corporate Finance, 2024 - Elsevier
Carbon trading is an important market mechanism to achieve carbon neutrality. This study
explores the possible impact of carbon markets on the stock market performance of listed …

The dark side of weakening shareholder litigation rights: Evidence from green patenting activities

W Mbanyele, LT Muchenje - Finance research letters, 2022 - Elsevier
Exploiting the staggered adoption of universal demand (UD) laws as a quasi-natural
experiment and the difference in difference approach, we find that US firms in states that …

Climate risk, digital transformation and corporate green innovation efficiency: Evidence from China

X Ren, W Li, Y Li - Technological Forecasting and Social Change, 2024 - Elsevier
Amid the rapid evolution of economic activities, climate risk has become a significant
challenge for China, profoundly influencing corporate investment decisions. This study …

Unintended consequences of punishment: Adverse effects of environmental penalties on green patents

GZ Tian, J Yae - Research in International Business and Finance, 2024 - Elsevier
We find that manufacturing firms that have received high environmental penalties
experience significant declines in subsequent green patenting activity. We further use a …

The environmental impact of green innovation

M Gao, X Li - Available at SSRN 3955402, 2021 - papers.ssrn.com
We study the environmental impact of green innovations by combining detailed firm-level
toxic release data with patent-level measures of environmental technologies. To address the …

[PDF][PDF] Toxic emissions and corporate green innovation

W Li, S Neupane, KJK Tan - Available at SSRN, 2022 - aeaweb.org
The Department of Justice and the US Environmental Protection Agency (EPA) today (July
27, 2016) announced a settlement with Cemex Inc., under which the company will invest …