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Investors' assessment of implicit environmental liabilities: An empirical investigation
16 references·16 citing·45 second hopsampled
Investors' assessment of implicit environmental liabilities: An empirical investigation (1997)Investors' assessment of implicit environ…The reputational penalty firms bear from committing criminal fraud (1996)The reputational penalty firm…Green and competitive: ending the stalemate (1995)Green and competitive: ending…Earnings, Book Values, and Dividends in Equity Valuation* (1995)Earnings, Book Values, and Di…Corporate strategy: the quest for parenting advantage (1995)Corporate strategy: the quest…Estimation and Market Valuation of Environmental Liabilities Relating to Superfund Sites (1994)Estimation and Market Valuati…Environmental disclosures, regulatory costs, and changes in firm value (1994)Environmental disclosures, re…The Reputational Penalty Firms Bear from Committing Criminal Fraud (1993)The Reputational Penalty Firm…AN EXAMINATION OF THE IMPACT OF POLLUTION PERFORMANCE ON ECONOMIC AND MARKET PERFORMANCE: PULP AND PAPER FIRMS (1992)AN EXAMINATION OF THE IMPACT …Relative Measurement Errors Among Alternative Pension Asset and Liability Measures. (1991)Relative Measurement Errors A…A Test of the Extended Functional Fixation Hypothesis. (1990)A Test of the Extended Functi…The Nature and Amount of Information in Cash Flows and Accruals. (1989)The Nature and Amount of Info…Financial Reporting, Supplemental Disclosures, and Bank Share Prices (1989)Financial Reporting, Suppleme…The Canadian Environmental Protection Act (1987)The Canadian Environmental Pr…A Positive Theory of Environmental Quality Regulation (1982)A Positive Theory of Environm…An Investigation of the Information Content of (Certain) Social Responsibility Disclosures (1978)An Investigation of the Infor…The Impact of the Disclosure of the Environmental Effects of Organizational Behavior on the Market (1976)The Impact of the Disclosure …The value relevance of corporate voluntary carbon disclosure: Evidence from the United States and BRIC countries (2021)The value relevance of corpor…The impact of TMT gender diversity on corporate environmental strategy in emerging economies (2021)The impact of TMT gender dive…Environmental management practices and financial performance using data envelopment analysis in Japan: The mediating role of environmental performance (2020)Environmental management prac…Integrated reporting: An accounting disclosure tool for high quality financial reporting (2019)Integrated reporting: An acco…CSR disclosure and financial performance revisited: A cross-country analysis (2018)CSR disclosure and financial …Market valuation of greenhouse gas emissions under a mandatory reporting regime: Evidence from the UK (2017)Market valuation of greenhous…What Is Corporate Sustainability and How Do Firms Practice It? A Management Accounting Research Perspective (2016)What Is Corporate Sustainabil…The Natural Environmental Strategies of International Firms: Old Controversies and New Evidence on Performance and Disclosure (2015)The Natural Environmental Str…Disclosure effects, carbon emissions and corporate value (2014)Disclosure effects, carbon em…Going green: Market reaction to CSRwire news releases (2013)Going green: Market reaction …Discretionary compliance with mandatory environmental disclosures: Evidence from SEC filings (2013)Discretionary compliance with…Climate Change and Financial Performance in Times of Crisis (2013)Climate Change and Financial …Whether Top Executives’ Turnover Influences Environmental Responsibility: From the Perspective of Environmental Information Disclosure (2012)Whether Top Executives’ Turno…The Relevance to Investors of Greenhouse Gas Emission Disclosures (2012)The Relevance to Investors of…Is Environmental Performance a Determinant of Bond Pricing? Evidence from the U.S. Pulp and Paper and Chemical Industries* (2010)Is Environmental Performance …Environmental initiatives: towards triple‐bottom line reporting (2002)Environmental initiatives: to…Discretionary disclosure (1983)Positive Accounting Theory (1985)Using daily stock returns (1985)Social Movements as Extra-Institutional Entrepreneurs: The Effect of Protests on Stock Price Returns (2007)Difference in degrees: CEO characteristics and firm environmental disclosure (2013)Environmental, Social, and Governance (ESG) disclosure: A literature review (2022)Environmental Performance and Corporate Disclosure (1980)Linear Programming Models for the Measurement of Environmental Performance of Firms—Concepts and Empirical Results (1997)Does the market value corporate environmental responsibility? An empirical examination (2007)The Cost of Carbon: Capital Market Effects of the Proposed Emission Trading Scheme ( ETS ) (2013)A Simplified Model for Portfolio Analysis (1963)Social Disclosure and the Individual Investor (1994)The Adjustment of Stock Prices to New Information (2003)A Meta-analytical investigation of the relationship between corporate social and financial performance (2005)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Dividend Policy, Growth, and the Valuation of Shares (1961)The Theory and Measurement of Business Income (1961)Valuation and Clean Surplus Accounting for Operating and Financial Activities* (1995)Capital markets research in accounting (2001)Does Corporate Social Responsibility Affect the Cost of Capital? (2010)Crime and Punishment: An Economic Approach (1968)The Role of Market Forces in Assuring Contractual Performance (1981)MARKET INCENTIVES FOR SAFE COMMERCIAL AIRLINE OPERATION (1988)Environmental and Financial Performance: Are They Related? (1995)Environmental Violations, Legal Penalties, and Reputation Costs (1998)Punitive Damages: Their Determinants, Effects on Firm Value, and the Impact of Supreme Court and Congressional Attempts to Limit Awards (1999)An analytic derivation of the cost of deposit insurance and loan guarantees An application of modern option pricing theory (1977)Financial Reporting: An Accounting Revolution. (1982)The theory and practice of econometrics (1986)Value-relevance of banks' derivatives disclosures (1996)Perspectives on Recent Capital Market Research (2002)Using and Interpreting Fixed Effects Models (2023)Fair Value Accounting: Evidence from Investment Securities and the Market Valuation of Banks. (1994)Environmental reporting management: a continental European perspective (2003)Customer Satisfaction and Stock Prices: High Returns, Low Risk (2005)Does environmental performance affect financial performance? A meta-analysis (2010)WHY COMPANIES GO GREEN: A MODEL OF ECOLOGICAL RESPONSIVENESS. (2000)Misery Loves Companies: Rethinking Social Initiatives by Business (2003)Corporate Social Responsibility Theories: Mapping the Territory (2004)Environmental management and manufacturing performance: The role of collaboration in the supply chain (2007)Sustainable supply chains: An introduction (2007)The influence of greening the suppliers and green innovation on environmental performance and competitive advantage in Taiwan (2011)WHY HOLD‐UPS OCCUR: THE SELF‐ENFORCING RANGE OF CONTRACTUAL RELATIONSHIPS (1996)Corporate Environmental Disclosure Strategies: Determinants, Costs and Benefits (1999)Spinning gold: The financial returns to stakeholder engagement (2013)
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References

  • 1995Earnings, Book Values, and Dividends in Equity Valuation*5,061 cited
  • 1995Green and competitive: ending the stalemate4,209 cited
  • 1995Corporate strategy: the quest for parenting advantage1,751 cited
  • 1994Environmental disclosures, regulatory costs, and changes in firm value782 cited
  • 1993The Reputational Penalty Firms Bear from Committing Criminal Fraud555 cited
  • 1996The reputational penalty firms bear from committing criminal fraud434 cited
  • 1994Estimation and Market Valuation of Environmental Liabilities Relating to Superfund Sites387 cited
  • 1989Financial Reporting, Supplemental Disclosures, and Bank Share Prices383 cited
  • 1976The Impact of the Disclosure of the Environmental Effects of Organizational Behavior on the Market358 cited
  • 1992AN EXAMINATION OF THE IMPACT OF POLLUTION PERFORMANCE ON ECONOMIC AND MARKET PERFORMANCE: PULP AND PAPER FIRMS345 cited
  • 1990A Test of the Extended Functional Fixation Hypothesis.278 cited
  • 1982A Positive Theory of Environmental Quality Regulation266 cited
  • 1978An Investigation of the Information Content of (Certain) Social Responsibility Disclosures261 cited
  • 1989The Nature and Amount of Information in Cash Flows and Accruals.248 cited
  • 1991

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Relative Measurement Errors Among Alternative Pension Asset and Liability Measures.
205 cited
  • 1987The Canadian Environmental Protection Act187 cited
  • Cited by

    • 2014Disclosure effects, carbon emissions and corporate value235 cited
    • 2015The Natural Environmental Strategies of International Firms: Old Controversies and New Evidence on Performance and Disclosure212 cited
    • 2002Environmental initiatives: towards triple‐bottom line reporting205 cited
    • 2013Going green: Market reaction to CSRwire news releases192 cited
    • 2010Is Environmental Performance a Determinant of Bond Pricing? Evidence from the U.S. Pulp and Paper and Chemical Industries*192 cited
    • 2019Integrated reporting: An accounting disclosure tool for high quality financial reporting178 cited
    • 2013Discretionary compliance with mandatory environmental disclosures: Evidence from SEC filings158 cited
    • 2018CSR disclosure and financial performance revisited: A cross-country analysis154 cited
    • 2013Climate Change and Financial Performance in Times of Crisis139 cited
    • 2012The Relevance to Investors of Greenhouse Gas Emission Disclosures136 cited
    • 2012Whether Top Executives’ Turnover Influences Environmental Responsibility: From the Perspective of Environmental Information Disclosure132 cited
    • 2020Environmental management practices and financial performance using data envelopment analysis in Japan: The mediating role of environmental performance130 cited
    • 2017Market valuation of greenhouse gas emissions under a mandatory reporting regime: Evidence from the UK127 cited
    • 2021The value relevance of corporate voluntary carbon disclosure: Evidence from the United States and BRIC countries113 cited
    • 2021The impact of TMT gender diversity on corporate environmental strategy in emerging economies112 cited
    • 2016What Is Corporate Sustainability and How Do Firms Practice It? A Management Accounting Research Perspective112 cited