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Investor rewards to environmental responsibility: Evidence from the COVID-19 crisis

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  • Alexandre Garel

    (Audencia Business School)

  • Arthur Petit-Romec

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  • Alexandre Garel & Arthur Petit-Romec, 2021. "Investor rewards to environmental responsibility: Evidence from the COVID-19 crisis," Post-Print hal-03204216, HAL.
    • Handle: RePEc:hal:journl:hal-03204216
    DOI: 10.1016/j.jcorpfin.2021.101948
    Note: View the original document on HAL open archive server: https://hal.science/hal-03204216
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    References listed on IDEAS

    as
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    13. Cristina Cella & Andrew Ellul & Mariassunta Giannetti, 2013. "Investors' Horizons and the Amplification of Market Shocks," The Review of Financial Studies, Society for Financial Studies, vol. 26(7), pages 1607-1648.
    14. Edmans, Alex, 2011. "Does the stock market fully value intangibles? Employee satisfaction and equity prices," Journal of Financial Economics, Elsevier, vol. 101(3), pages 621-640, September.
    15. Stefano Ramelli & Alexander F. Wagner & Richard J. Zeckhauser & Alexandre Ziegler, 2018. "Stock Price Rewards to Climate Saints and Sinners: Evidence from the Trump Election," Swiss Finance Institute Research Paper Series 18-63, Swiss Finance Institute.
    16. Sudheer Chava, 2014. "Environmental Externalities and Cost of Capital," Management Science, INFORMS, vol. 60(9), pages 2223-2247, September.
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    18. Stefano Ramelli & Alexander F Wagner & Richard J Zeckhauser & Alexandre Ziegler, 2021. "Investor Rewards to Climate Responsibility: Stock-Price Responses to the Opposite Shocks of the 2016 and 2020 U.S. Elections [Asset pricing with liquidity risk]," The Review of Corporate Finance Studies, Society for Financial Studies, vol. 10(4), pages 748-787.
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    22. Mats Andersson & Patrick Bolton & Frédéric Samama, 2016. "Governance and Climate Change: A Success Story in Mobilizing Investor Support for Corporate Responses to Climate Change," Journal of Applied Corporate Finance, Morgan Stanley, vol. 28(2), pages 29-33, June.
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    25. Dyck, Alexander & Lins, Karl V. & Roth, Lukas & Wagner, Hannes F., 2019. "Do institutional investors drive corporate social responsibility? International evidence," Journal of Financial Economics, Elsevier, vol. 131(3), pages 693-714.
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