Natural Disasters and Corporate Climate Change Policies
| dc.contributor.author | Chen, Dong | |
| dc.date.accessioned | 2019-11-06T13:54:35Z | |
| dc.date.available | 2019-11-06T13:54:35Z | |
| dc.date.issued | 2019-10-29 | |
| dc.description.abstract | Using county-level data on severe meteorological events in the United States, I show that, controlling for county fixed effects, the annual number of extreme weather events (EWEs) sustained at a county significantly improves the subsequent rating of the climate mitigation policies of a firm headquartered in that county. I also find that more recent EWEs have a more pronounced impact on climate ratings than more distant ones. The results show that managerial experiential processing of weather information is important to determine corporate climate actions. | en_US |
| dc.description.sponsorship | REACH Summer Research Award | en_US |
| dc.description.uri | https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3142989 | en_US |
| dc.format.extent | 34 pages | en_US |
| dc.genre | journal article | en_US |
| dc.identifier | doi:10.13016/m2vpl6-ojl2 | |
| dc.identifier.citation | Chen, Dong, Extreme Weather and Ratings on Corporate Climate Mitigation Policies (October 29, 2019). Available at SSRN: https://ssrn.com/abstract=3142989 or http://dx.doi.org/10.2139/ssrn.3142989 | en_US |
| dc.identifier.uri | http://dx.doi.org/10.2139/ssrn.3142989 | |
| dc.identifier.uri | http://hdl.handle.net/11603/16049 | |
| dc.language.iso | en_US | en_US |
| dc.publisher | Review of Financial Studies | en_US |
| dc.relation.isAvailableAt | University of Baltimore | |
| dc.subject | climate change | en_US |
| dc.subject | corporate environmental responsibility | en_US |
| dc.subject | corporate climate policy | en_US |
| dc.subject | climate rating | en_US |
| dc.subject | experiential processing | en_US |
| dc.title | Natural Disasters and Corporate Climate Change Policies | en_US |
| dc.type | Text | en_US |