Do investors care about carbon risk? (2020), Bolton P. | AcademicGPT, tlooto
This paper explores whether carbon emissions affect the cross-section of U.S. stock returns. We find that stocks of firms with higher total CO2 emissions (and changes in emissions) earn higher returns (2020), JOURNAL OF FINANCIAL ECONOMICS, Bolton P. | AcademicGPT, tlooto for Academic and Research