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- Murguia, Juan M.; Lence, Sergio H.
- Environmental and resource economics 2015 v.60 no.4 pp. 583-605
- environmental performance; markets; prices
- ... We use event study analysis to determine whether the release of Newsweek’s “Global 100 Ranking” is relevant for the market. We look at one- and two-day event windows to check two possible reactions of the market: changes in the value of an equal-weight portfolio, and changes in the relative price of the stocks. The results show that the market reacted to the “Global 100 Ranking” by changing the re ...