Corporate carbon emissions and market valuation of organic and inorganic investments
(2022)
Journal Article
Adamolekun, G., Kwansa, N. A., & Kwabi, F. (2022). Corporate carbon emissions and market valuation of organic and inorganic investments. Economics Letters, 221, Article 110887. https://doi.org/10.1016/j.econlet.2022.110887
We empirically examine the impact of a firm’s carbon emissions level on the market valuation of organic and inorganic investments. We document that the market reacts negatively to corporate investment announcements by companies with high carbon emiss... Read More about Corporate carbon emissions and market valuation of organic and inorganic investments.