To reward or not to reward? Investors’ response to renewable energy investment by international oil companies
We analyse how investors respond to announcements of investment in renewable energy by international oil companies. Although the transition from oil to renewable energy is generally viewed as a positive outcome for all oil companies, our results show that market participants do not value all moves i...
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| Format: | Article |
| Language: | English |
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Elsevier
2023-07-01
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| Series: | Borsa Istanbul Review |
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| Online Access: | http://www.sciencedirect.com/science/article/pii/S2214845023000388 |