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The positive effects of green technology investments on growth expectations

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  • Takacs, Andras

Abstract

This study presents evidence that investments in green technology and corporate environmental policies, or in other words, a move towards cleaner production, increase investors' growth expectations, resulting in a rise in firms' stock market value. Additionally, the study statistically demonstrates that the positive correlation between cleaner production and growth expectations strengthened during the latter half of the 2010s. The author employs the reverse discounted cash flow method as a novel technique to define the response variable for cleaner production. The study's outcomes carry crucial policy implications since well-targeted measures can amplify the favorable financial effects of green technology investments on regional, industry, or national economy levels.

Suggested Citation

  • Takacs, Andras, 2023. "The positive effects of green technology investments on growth expectations," Technology in Society, Elsevier, vol. 75(C).
    • Handle: RePEc:eee:teinso:v:75:y:2023:i:c:s0160791x23002129
    DOI: 10.1016/j.techsoc.2023.102407
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    References listed on IDEAS

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