Corvinus
Corvinus

The impact of perceived corporate environmental performance on the behavior of capital market decision makers : analysis of food industry companies

Deák, Zs. and Hufnagel, Levente and Hajdó, I.-né (2012) The impact of perceived corporate environmental performance on the behavior of capital market decision makers : analysis of food industry companies. Applied Ecology and Environmental Research, 10 (4). pp. 437-456.

[img]
Preview
PDF - Requires a PDF viewer such as GSview, Xpdf or Adobe Acrobat Reader
1MB

Official URL: http://www.ecology.uni-corvinus.hu


Abstract

Environmental protectionism and sustainable development has been gaining increased attention among governments, investors and consumers alike. As a result, firms are facing growing pressure from the various stakeholders to improve their environmental performance. This study is focusing on the food industry, which in recent years has been a subject of increased scrutiny due to their role in resource consumption, waste generation and unsustainable production practices. Our research is aiming to examine how the financial community evaluates the environmental stewardship of food industry companies as proxied by market reactions in response to environmental news. Are all company related environmental news items evaluated equally, and which financial and non-financial firm-specific attributes can influence market responses? Have there been changes in reactions on the stock exchange in the past two decades?

Item Type:Article
Uncontrolled Keywords:environmental performance, food industry, news impact, stock markets, firm-level variables
Subjects:Ecology
Environmental economics
ID Code:1484
Deposited By: Z. S.
Deposited On:07 Mar 2014 16:37
Last Modified:07 Mar 2014 16:37

Repository Staff Only: item control page