Climate policy uncertainty and the U.S. economic cycle

Technological Forecasting and Social Change, Год журнала: 2024, Номер 202, С. 123344 - 123344

Опубликована: Март 21, 2024

Язык: Английский

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Does climate policy uncertainty shape the response of stock markets to oil price changes? Evidence from GCC stock markets

Journal of Environmental Management, Год журнала: 2025, Номер 375, С. 124229 - 124229

Опубликована: Янв. 21, 2025

Язык: Английский

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The differential effects of climate risks on non-fossil and fossil fuel stock markets: Evidence from China

Finance research letters, Год журнала: 2023, Номер 55, С. 103962 - 103962

Опубликована: Май 3, 2023

Язык: Английский

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Asymmetric impacts of Chinese climate policy uncertainty on Chinese asset prices

Energy Economics, Год журнала: 2024, Номер 133, С. 107518 - 107518

Опубликована: Апрель 4, 2024

Язык: Английский

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The performance of green bond portfolios under climate uncertainty: A comparative analysis with conventional and black bond portfolios

Research in International Business and Finance, Год журнала: 2024, Номер 70, С. 102354 - 102354

Опубликована: Апрель 4, 2024

Green bonds represent an important financial instrument for the allocation of resources towards a more climate-friendly and sustainable economy. This research evaluates compares performance portfolios green bonds, conventional black issued on international market. Overall, bond perform similarly to each other benchmark. The results also show that bear default risk are sensitive equity market than portfolios. We further analyze conditional effect climate find evidence time-varying portfolio according policy uncertainty. Although underperform in times lower uncertainty, they significantly improve their even outperform matched counterparts when concerns surrounding rise.

Язык: Английский

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Climate policy uncertainty and analyst earnings forecasts: Evidence from the Chinese energy sector

International Review of Financial Analysis, Год журнала: 2025, Номер unknown, С. 103960 - 103960

Опубликована: Янв. 1, 2025

Язык: Английский

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Climate policy uncertainty and corporate environmental risk-taking

Finance research letters, Год журнала: 2025, Номер unknown, С. 107555 - 107555

Опубликована: Май 1, 2025

Язык: Английский

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How to improve global environmental governance? Lessons learned from climate risk and climate policy uncertainty

Economic Analysis and Policy, Год журнала: 2023, Номер 80, С. 1666 - 1676

Опубликована: Ноя. 7, 2023

Язык: Английский

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Time-frequency co-movements between climate uncertainty and carbon market returns: Evidence based on wavelet coherence analysis

Finance research letters, Год журнала: 2025, Номер 74, С. 106778 - 106778

Опубликована: Янв. 8, 2025

Язык: Английский

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Unveiling the nexus between ESG performance, climate policy uncertainty and corporate innovation: evidence from textual analysis

Social Responsibility Journal, Год журнала: 2025, Номер 21(4), С. 893 - 921

Опубликована: Янв. 23, 2025

Purpose This paper aims to examine the relationship between environmental, social and governance (ESG) performance text-based corporate innovation based on a sample of India’s ESG-disclosed companies from financial year 2011–2012 2021–2022. Further, it endeavors investigate moderating role heightened climate policy uncertainty (CPU) in this relationship. Design/methodology/approach To verify these hypotheses, authors first construct index for India using sophisticated natural language processing model each firm-year’s management discussion analysis reports. Next, use panel fixed effects how ESG impacts its mediating components. Findings Empirical evidence suggests higher bolsters innovation. After addressing endogeneity issues with system GMM estimator two-stage least square IV, incorporating additional control variables alternative measurement, baseline results remain unchanged. find link is mediated by reducing information asymmetry, constraints managerial myopia. The also observe that increased CPU favorably moderates ESG-innovation nexus. Additionally, heterogeneity research shows only positively specific industries firms their growth mature life cycle phases. Practical implications demonstrate sustainable ethical business practices can foster Thus, study may provide valuable insight investors, managers policymakers. Originality/value best authors’ knowledge, machine learning model.

Язык: Английский

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