Excess stock returns and corporate environmental performance in China

Abstract Using unbalanced panel data on 3326 Chinese listed companies from 2014 to 2021, this study investigates the impact of corporate environmental performance on China’s excess stock returns. The results show that stocks of companies with better environmental performance earn significantly highe...

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Bibliographic Details
Main Authors: Dandan Ma, Pengxiang Zhai, Dayong Zhang, Qiang Ji
Format: Article
Language:English
Published: SpringerOpen 2024-01-01
Series:Financial Innovation
Subjects:
Online Access:https://doi.org/10.1186/s40854-023-00569-0