Market Volatility and Investors’ View of Firm-Level Risk: A Case of Green Firms
Do investors believe that firm-level (i.e., idiosyncratic) risk of green (i.e., environmentally responsible) firms is relatively lower? How does high market volatility affect the investors’ view on the firm-level risk of green firms? This paper addresses these questions by investigating the relation...
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Format: | Article |
Language: | English |
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MDPI AG
2020-08-01
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Series: | Journal of Risk and Financial Management |
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Online Access: | https://www.mdpi.com/1911-8074/13/8/175 |