The Impact of Divestment Announcements on the Share Price of Fossil Fuel Stocks

Several prominent institutional investors concerned about climate change have announced their intention or have divested from fossil fuel shares, to limit their exposure to the industry. The act of fossil fuel divestment may directly depress share prices or stigmatize the industry’s reputa...

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Bibliographic Details
Main Authors: Truzaar Dordi, Olaf Weber
Format: Article
Language:English
Published: MDPI AG 2019-06-01
Series:Sustainability
Subjects:
Online Access:https://www.mdpi.com/2071-1050/11/11/3122