Study: Companies that Disclose “Green” Efforts see a Spike in Stock Prices

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" Going “green” helps company stock. According to a joint UC Davis and UC Berkeley study released on January 29, companies that disclose “green” efforts see a spike in stock prices. The report, written by Paul Griffin of UCD and Yuan Sun of UCB, studied 172 companies that made voluntary disclosures of carbon-emission information between 2000 and 2010. In the five days surrounding these announcements, companies saw an average of nearly half a percent increase in stock prices. For small companies, “green” announcements had an even greater positive effect on stock prices. "

from: http://www.newsreview.com/sacramento/green-growth/content?oid=5639056

To read the abstract, visit: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1995132

To read the full report, visit: http://papers.ssrn.com/sol3/Delivery.cfm/SSRN_ID1995132_code252316.pdf?abstractid=1995132&mirid=5

Sacramento Dave's picture
Sacramento Dave
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Nov. 27, 2010 9:46 am

Did Carrier Fleece Both Trump & America?

Donald Trump took a victory lap in Indianapolis yesterday afternoon, where he and Vice President elect Mike Pence officially announced a deal to keep 800 Carrier jobs in Indiana.

That's 200 fewer jobs than the 1,000 jobs that Trump initially said the deal would save, but that's kind of besides the point.

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