Results 91 to 100 of about 444 (212)

Stabilizing Carbon Prices: Assessing the EU ETS Market Stability Reserve Through Synthetic Control Method

Energies
This study examines the effects of the Market Stability Reserve (MSR) policy on carbon emission prices within the European Union Emissions Trading System (EU ETS), focusing on both price levels and volatility. Employing the Synthetic Control Method (SCM),
Jung Youn Mo, Liliane Iradukunda, Wooyoung Jeon   +2 more
doaj   +1 more source

Patents as Green Signals: Capital Market Responses to Corporate Green Innovation in Carbon‐ and Energy‐Intensive Firms

Business Strategy and the Environment, EarlyView.
ABSTRACT Adopting a signaling perspective, this study examines whether corporate green patenting reduces the cost of equity by mitigating information asymmetry in capital markets. Using longitudinal panel data from South Korea, we find that green patenting—encapsulating technological innovation related to energy, environmental protection, and climate ...
Jeongdae Yim, Su‐Yol Lee
wiley   +1 more source

Carbon trade biases and the emerging mesoscale structure of the European Emissions Trading System network

Nature Communications
The European Union Emissions Trading System (EU ETS) is designed to promote cost-effective carbon emission reductions through allowance trading. However, observed trade patterns suggest potential inefficiencies.
Andrea Flori, Alessandro Spelta
doaj   +1 more source

From Vulnerability to Resilience: Dynamic Capabilities as a Moderating Mechanism Under Environmental Turbulence in Developing Economies

Business Strategy and the Environment, EarlyView.
ABSTRACT SMEs in developing economies operate under persistently volatile environments where economic instability, regulatory uncertainte and technological disruptions threaten their survival. Here, sustainability shifts from long‐term environmental or socioeconomic performance to strategic resilience.
Edet Okon, Morgan Morgan, Fernando Almeida   +2 more
wiley   +1 more source

Decarbonization Boundary Choices and the Effectiveness of Stakeholder Engagement in Voluntary Climate Action Commitments: Evidence From Emerging Economies

Business Strategy and the Environment, EarlyView.
ABSTRACT This study examines how stakeholder engagement, conceptualized as a boundary‐spanning organizational capability, interacts with firms' decarbonization strategies, in relation to climate action commitments (CACs) in voluntary initiatives.
David Tobón Orozco, Jose Pla‐Barber
wiley   +1 more source

Has the EU Emissions Trading System Worked Properly?

Energies
Climate change poses an unprecedented global challenge, which prompts nations to adopt new strategies to mitigate greenhouse gas emissions. The European Union emissions trading system (EU ETS) is a cornerstone of the EU’s efforts towards a cost-effective
Chia-Lin Chang, Jukka Ilomäki, Hannu Laurila   +2 more
doaj   +1 more source

Two Hundred Eighty Characters of Environment: Relative Environmental Performance, Strategic Communication, and Firm Value

Business Strategy and the Environment, EarlyView.
ABSTRACT Corporate environmental communication has become an essential aspect of modern business practices, as stakeholders increasingly demand transparency and accountability regarding sustainability efforts. Within this context, we examine whether firms use environmental communication on X/Twitter to offset weaker relative environmental performance ...
Ivan Russo, Federico Bertacchini, Ugo Rizzo, Maria Cristina Arcuri   +3 more
wiley   +1 more source

EFFICIENCY OF EUROPEAN UNION EMISSIONS TRADING SYSTEM IN REDUCING THE GREENHOUSE GAS EMISSIONS

Acta Universitatis Lodziensis. Folia Oeconomica, 2015
The Emissions Trading System (ETS) has been functioning in the European Union since 2005. It is aimed at reducing the greenhouse gas emissions produced within the EU in a cost-effective and economically efficient manner.
Łukasz Nadolny
doaj  

Asset Replacement and Green Innovation: Dynamic Complementarity and Paradoxical Effects on Carbon Intensity in Korean Firms

Business Strategy and the Environment, EarlyView.
ABSTRACT Using a balanced panel of 93 Korean firms over 2014–2023, this study examines how the interaction between green innovation and asset replacement strategies is associated with changes in carbon intensity over time. Distinguishing between tangible and intangible asset pathways, we identify two contrasting temporal patterns. When green innovation
Bong‐Seop Kim, Suk Hyun
wiley   +1 more source

Carbon Markets and Green Innovation: Path‐Dependent Firm Responses to Emissions Trading

Business Strategy and the Environment, EarlyView.
ABSTRACT This paper identifies a dynamic boundary condition of the Porter hypothesis by examining how firms' pre‐existing innovation trajectories shape regulatory‐induced green innovation within the context of a market‐based carbon policy. Building on path dependency theory, we argue that firms' responses to environmental regulation are contingent on ...
Rushi Chen, Effie Kesidou, Peter Howley
wiley   +1 more source