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dc.contributor.authorKyaw, Khine
dc.contributor.authorOlugbode, Mojisola
dc.contributor.authorPetracci, Barbara
dc.date.accessioned2022-03-11T07:31:00Z
dc.date.available2022-03-11T07:31:00Z
dc.date.created2021-11-15T13:02:44Z
dc.date.issued2021
dc.identifier.citationBusiness Strategy and the Environment (BSE). 2021, .en_US
dc.identifier.issn0964-4733
dc.identifier.urihttps://hdl.handle.net/11250/2984418
dc.description.abstractHow does investors' aversion to environmental risk affect their reaction towards firms' earnings announcements? We explore this by analyzing earnings announcements made by U.S. firms between 2002 and 2016. The results show that environmental performance at the firm level is important for investors as this influences the investment behaviors of investors who have some degree of aversion to environmental risk. These investors appreciate the earnings by firms that exhibit a high level of environmental performance, i.e., firms that have successfully addressed environmental risks. However, earnings are of secondary importance for investors who are highly averse to environmental risk since environmental concerns take precedence.en_US
dc.language.isoengen_US
dc.publisherWileyen_US
dc.rightsAttribution-NonCommercial-NoDerivatives 4.0 Internasjonal*
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/4.0/deed.no*
dc.titleStakeholder engagement: Investors’ environmental risk aversion and corporate earningsen_US
dc.typePeer revieweden_US
dc.typeJournal articleen_US
dc.description.versionpublishedVersionen_US
dc.source.pagenumber12en_US
dc.source.journalBusiness Strategy and the Environment (BSE)en_US
dc.identifier.doi10.1002/bse.2951
dc.identifier.cristin1954652
cristin.ispublishedtrue
cristin.fulltextoriginal
cristin.qualitycode1


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Attribution-NonCommercial-NoDerivatives 4.0 Internasjonal
Med mindre annet er angitt, så er denne innførselen lisensiert som Attribution-NonCommercial-NoDerivatives 4.0 Internasjonal