European Pollutant Emission Register and market value of listed firms

New information on firms’ polluting emissions appears to have a significant impact on their market value. This is the result found in the article Analysis of the effectiveness of the first European Pollutant Emission Register (EPER) by Cañón-de-Francia et al published online 31 December 2007 on Ecological Economics (article in press). The study uses data of firms listed in the European Pollutant Emission Register. It confirms results from most previous studies, that find a significant impact on firms’ market value of environmental information disclosure. Most previous studies however, use data of firms listed in the US Toxic Release Inventory. Link to the abstract

Reference

Analysis of the effectiveness of the first European Pollutant Emission Register (EPER) , Ecological Economics, In Press, Corrected Proof, Available online 31 December 2007 by Joaquín Cañón-de-Francia, Concepción Garcés-Ayerbe and Marisa Ramírez-Alesón

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s