Climate Change and Financial Market Efficiency
Business & Society, July 2015, 54 (4), 511-539
Posted: 30 Jul 2016
Date Written: March 28, 2014
This dissertation abstract and reflection commentary present the work of Dr. Andrea Liesen. The dissertation examines the informational efficiency of financial markets to price the systematic risk stemming from climate change for European companies. The abstract provides an overview of the underlying theory, introduces the development of hypotheses, the method applied, and data gathered, as well as selected implications of results. The reflection commentary discusses the author’s views of the research process as a junior scholar.
Keywords: climate change, systematic risk, climate change disclosure, GHG emissions, market efficiency, financial performance, disclosure quality
Suggested Citation: Suggested Citation