Disclosure of Climate Risk Information and Abnormal Returns: Disclosure of climate risk information and abnormal returns on Brazilian companies' share prices - Couverture souple

Kouloukoui, Daniel; Maria Gomes, Sônia

 
9786202378499: Disclosure of Climate Risk Information and Abnormal Returns: Disclosure of climate risk information and abnormal returns on Brazilian companies' share prices
Couverture souple
ISBN 10 : 6202378492 ISBN 13 : 9786202378499
Editeur : Our Knowledge Publishing, 2025

Synopsis

This study aimed to investigate the relationship between climate risk disclosure and abnormal returns on Brazilian companies' share prices between 2009 and 2014. The final sample, obtained by matching companies listed on the Bovespa stock exchange that publish sustainability reports in accordance with the Global Reporting Initiative (GRI), consisted of 67 companies. To measure the level of climate risk disclosure, content analysis was used on the reports. Preliminary results of the content analysis reveal that there was no significant evolution in the level of disclosure over the study period (2009 to 2014). The research was based on the main hypothesis that there is a relationship between the level of disclosure of information related to climate risks and abnormal stock price returns. The central idea advocated in this study is that investors would buy more shares in companies that disclose climate risks more than those that disclose less or not at all.

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Éditeur
Our Knowledge Publishing
Date d'édition
2025
Langue
anglais
ISBN 10 
6202378492
ISBN 13 
9786202378499
Reliure
Broché
Nombre de pages
84
Coordonnées du fabricant
non disponible
Personne responsable
non disponible