Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Green Technology and Stock Market Performance
Of late, markets have played significant role specially in regulating pollution. This has been achieved by publishing environmental performance of industries in the form of raw materials used, production process, pollution abatement policy adopted, conservation of resources, and methodologies adopted for output use and disposal. On the basis of such information, the stock markets evaluate the environmental performance of industries through stock values. Some countries including India have started green rating of pollution prone industries.
The regulation process works as follows: Normally an investor will look into overall performance of a unit before investing in it. If its production is not efficient due to various environmental problems, this will obviously reflect on the overall performance, and hence, the financial benefits. As a result, the environmentally inefficient industrial units with weak performance are rated low compared to the units with good performance. In other words, the industrial units with bad environmental performance have significant negative impact on stock values. Though relevant to both developed and developing countries, this practice has yielded good results in developing countries by effectively regulating the pollution activities of the industrial units. Some of the studies have estimated the loss of polluting firms in the stock market to be up to 11 per cent.
Table: Performance of Stock Markets and Polluting Industry
Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4
Flaws in Conventional System - Representation Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplore
Consider the Edgeworth box with the production of consumption goods B and health- investment goods I. (a) Briefly explain the derivation of the contract curve. (b) How does one der
The meaning of a market economy is in which the decision and production are prepared. The consumption of goods services are based on voluntary swap in markets.
Unions tie the hands of management and inhibit efficient decision making
Question: (a) Jeffrey Sachs, Columbia University's Earth Institute Development Guru, opines that the humble mobile phone is "the single most transformative tool for developmen
what is the difference between budget deficit and fiscal deficit
The report which you should submit to me should include: A brief analysis of the control systems required for the health and safety of operatives and others who may be affect
What are objectives of fiscal policy
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd