Climate change concerns and the performance of green vs. brown stocks

D Ardia, K Bluteau, K Boudt… - Management …, 2023 - pubsonline.informs.org
We empirically test the prediction of that green firms outperform brown firms when concerns
about climate change increase unexpectedly, using data for S&P 500 companies from …

Environmental, social, and governance (ESG) and artificial intelligence in finance: State-of-the-art and research takeaways

T Lim - Artificial Intelligence Review, 2024 - Springer
The rapidly growing research landscape in finance, encompassing environmental, social,
and governance (ESG) topics and associated Artificial Intelligence (AI) applications …

Blessings or curse: How do media climate change concerns affect commodity tail risk spillovers?

L Pham, JB Kamal - Journal of Commodity Markets, 2024 - Elsevier
In this paper, we examine the time-varying tail risks transmission among the agricultural,
precious metals, and energy commodities markets, and explore how climate change …

Cross-country risk spillovers of ESG stock indices: Dynamic patterns and the role of climate transition risks

K Guo, Y Li, Y Zhang, Y Chen, Y Ma - International Review of Financial …, 2024 - Elsevier
The increasing concerns about climate change have led to a wide range of climate risks
across capital markets. This paper uses ESG stock indices in six advanced economies to …

[HTML][HTML] Media-based climate risks and international corporate bond market

R Benkraiem, N Dimic, V Piljak, L Swinkels… - Journal of International …, 2025 - Elsevier
We examine the impact of the media-based climate risks, grouped into physical and
transition risk categories, on the international corporate bond market in the period from 2012 …

Stock market reaction to news: Do tense and horizon matter?

M Brière, K Huynh, O Laudy, S Pouget - Finance Research Letters, 2023 - Elsevier
Using textual data extracted from a large variety of news sources (news stories, call
transcripts, broker research, etc.), we build a daily aggregate news signal that takes into …

Tuning into Climate Risks: Extracting Innovation from Television News for Clean Energy Firms

W Ahmad, MA Rahman, S Shrimali, P Roy - arxiv preprint arxiv …, 2024 - arxiv.org
This article develops multiple novel climate risk measures (or variables) based on the
television news coverage by Bloomberg, CNBC, and Fox Business, and examines how they …

Sustainable investing: ESG effectiveness and market value in OECD regions

S Dsouza, KK, U Kayani, F Nawaz… - Cogent Economics & …, 2025 - Taylor & Francis
This research investigates the impact of Environmental, Social, and Governance (ESG)
outcomes on the market valuation of companies in OECD nations, emphasizing the growing …

[HTML][HTML] Value of climate change news: A textual analysis

MR Allahdadi, T Fretheim, K Vindedal - Global Finance Journal, 2024 - Elsevier
There is a growing consensus that climate change poses a financial material risk to
investors. In the face of escalating climate change risks, investors are seeking strategies to …

Greenium and public climate concerns: Evidence from China

D Zhao, Y Wang, Y Fang - Finance Research Letters, 2024 - Elsevier
This paper examines the “greenium” in China's stock market and offers an analysis from the
perspective of public climate concerns. With data during 2011–2020, we firstly find that the …