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The Valuation Relevance of Greenhouse Gas Emissions under the European Union Carbon Emissions Trading Scheme
14 references·16 citing·48 second hop
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Determinants and consequences of proactive environmental strategies (2010)Does it really pay to be gree…Estimating Standard Errors in Finance Panel Data Sets: Comparing Approaches (2008)Estimating Standard Errors in…Environmental risk management and the cost of capital (2008)Environmental risk management…Carbon Trading: Accounting and Reporting Issues (2008)Carbon Trading: Accounting an…Estimating Standard Errors in Finance Panel Data Sets: Comparing Approaches (2006)Estimating Standard Errors in…The Market Valuation of Environmental Capital Expenditures by Pulp and Paper Companies (2004)The Market Valuation of Envir…Changes in the value-relevance of earnings and book values over the past forty years (1997)Changes in the value-relevanc…The Impact of Environmental Management on Firm Performance (1996)The Impact of Environmental M…DOES IT PAY TO BE GREEN? AN EMPIRICAL EXAMINATION OF THE RELATIONSHIP BETWEEN EMISSION REDUCTION AND FIRM PERFORMANCE (1996)DOES IT PAY TO BE GREEN? 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References

  • 2008Estimating Standard Errors in Finance Panel Data Sets: Comparing Approaches10,793 cited
  • 1995Earnings, Book Values, and Dividends in Equity Valuation*5,061 cited
  • 1996The Impact of Environmental Management on Firm Performance2,729 cited
  • 2006Estimating Standard Errors in Finance Panel Data Sets: Comparing Approaches2,559 cited
  • 1996DOES IT PAY TO BE GREEN? AN EMPIRICAL EXAMINATION OF THE RELATIONSHIP BETWEEN EMISSION REDUCTION AND FIRM PERFORMANCE1,948 cited
  • 1997Changes in the value-relevance of earnings and book values over the past forty years1,788 cited
  • 2012Corporate Social Responsibility and Shareholder Reaction: The Environmental Awareness of Investors1,742 cited
  • 2013Firm-Value Effects of Carbon Emissions and Carbon Disclosures1,677 cited
  • 2008Environmental risk management and the cost of capital1,519 cited
  • 1995Pollution as News: Media and Stock Market Reactions to the Toxics Release Inventory Data1,089 cited
  • 2010Does it really pay to be green? Determinants and consequences of proactive environmental strategies1,079 cited
  • 2004The Market Valuation of Environmental Capital Expenditures by Pulp and Paper Companies542 cited
  • 1994Estimation and Market Valuation of Environmental Liabilities Relating to Superfund Sites387 cited
  • 2008Carbon Trading: Accounting and Reporting Issues

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363 cited

Cited by

  • 2021Do ESG strategies enhance bank stability during financial turmoil? Evidence from Europe392 cited
  • 2017Revisiting carbon disclosure and performance: Legitimacy and management views369 cited
  • 2020Executive Compensation, Sustainable Compensation Policy, Carbon Performance and Market Value339 cited
  • 2017Corporate Carbon and Financial Performance: A Meta‐analysis332 cited
  • 2018Sustainable development and corporate governance in the financial system: Are environmentally friendly banks less risky?332 cited
  • 2020Carbon performance and disclosure: A systematic review of governance-related determinants and financial consequences314 cited
  • 2018Credibility of sustainability reports: The contribution of audit committees307 cited
  • 2021Corporate carbon accounting: a literature review of carbon accounting research from the Kyoto Protocol to the Paris Agreement290 cited
  • 2017Women on boards and greenhouse gas emission disclosures279 cited
  • 2017The influence of institutional contexts on the relationship between voluntary carbon disclosure and carbon emission performance274 cited
  • 2016Research on China’s cap-and-trade carbon emission trading scheme: Overview and outlook271 cited
  • 2017Corporate Carbon and Financial Performance: The Role of Emission Reductions270 cited
  • 2020Does the market value greenhouse gas emissions? Evidence from multi-country firm data268 cited
  • 2023Board Sustainability Committees, Climate Change Initiatives, Carbon Performance, and Market Value258 cited
  • 2023Greenhouse Gas Disclosure and Emissions Benchmarking254 cited
  • 2020Corporate governance and carbon performance: role of carbon strategy and awareness of climate risk233 cited