Results 161 to 170 of about 1,211,501 (366)
Environmental Violation and Cost of Equity Capital—Evidence From Europe
Business Strategy and the Environment, EarlyView.ABSTRACT We examine the association between environmental violations and the cost of equity capital. We posit that firms that breach environmental compliance introduce firm‐specific risks and, consequently, elevate the costs associated with equity capital.
Md. Borhan Uddin Bhuiyan, Yimei Man
wiley +1 more source
Multifactor Models Do Not Explain Deviations from the CAPM [PDF]
A number of studies have presented evidence rejecting the validity of the Capital Asset Pricing Model (CAPM). This evidence has spawned research into possible explanations.
A. Craig MacKinlay
core
Maximum Entropy Analysis of Consumption-based Capital Asset Pricing Model and Volatility [PDF]
, 2020 Tae‐Hwy Lee, Millie Yi Mao, Aman Ullah
openalex +1 more source
The Applicability of Classic Capital Asset Pricing Model in Chinese Stock Market [PDF]
, 2022 Zhiliang Chen
openalex +1 more source
Business Strategy and the Environment, EarlyView.ABSTRACT This paper analyses the relationship between firms' investment in green technologies and competitive performance. We take advantage of new data on the adoption of different green technologies (circular economy, technical advancements, energy savings, and efficiency gains) from a large representative sample of Italian firms.
F. Quatraro, A. Ricci
wiley +1 more source
Asset Pricing with a Reference Level of Consumption: New Evidence from the Cross-Section of Stock Returns [PDF]
This paper presents an empirical evaluation of recently proposed asset pricing models which extend the standard preference specification by a reference level of consumption.
Grammig, Joachim G., Schrimpf, Andreas
core
The capital-asset-pricing model and arbitrage pricing theory: A unification
, 1997 M. Ali Khan, Yeneng Sun
openalex +1 more source
Business Strategy and the Environment, EarlyView.ABSTRACT Climate change is one of the greatest challenges facing humanity today. In this paper, we analyze the role of firms in mitigating climate change through their model of corporate governance. We examine the impact of key organizational control and incentive mechanisms on firms' carbon emission intensity.
Cécile Cezanne +3 more
wiley +1 more source
Application of the Capital Asset Pricing Modeling (CAPM) Method to Determine Efficient and Inefficient Stock Investment Options During the COVID-19 Pandemic [PDF]
, 2022 Achmad Fadhoil Mz
openalex +1 more source
Business Strategy and the Environment, EarlyView.ABSTRACT Driven by the growing focus on decarbonisation and energy economic dynamics in emerging economies, this study examines the interplay between executive compensation (EC), sustainability‐based compensation (SBC), board sustainability committee initiative (BSCI), corporate energy transition initiatives (CETIs), corporate carbon emissions (CCEs ...
Emmanuel A. Morrison +3 more
wiley +1 more source