The Impact of Climate Change Risks on Firm Value: Evidence from the Korea

키워드

참고문헌 (54)

1. Allayannis, G., "The use of foreign currency derivatives and firm market value", Review of financial studies, 14, pp.243~276 (2001)
2. Bartram, S. M., "The effects of derivatives on firm risk and value", Journal of Financial and Quantitative Analysis, 46, pp.967~999 (2011)
3. Bartram, S. M., "International evidence on financial derivatives usage", Financial management, 38, pp.185~206 (2009)
4. Black, B. S., "Does corporate governance predict firms' market values? Evidence from Korea", Journal of Law, Economics, and Organization, 22, pp.366~413 (2006)
5. Boiral, O., "Modeling the impacts of corporate commitment on climate change", Business Strategy and the Environment, 21, pp.495~516 (2012)
6. Kriengkai Boonlert‐U‐Thai, "The Relative Value Relevance of U.S. GAAP and IFRS", Global Business and Finance Review, 20(1), pp.105~120 (2015), 사람과세계경영학회[DOI]
7. Brickman, M. W., "How climate change could affect corporate valuations", McKinsey Quarterly, 29, pp.1~7 (2008)
8. Brown, G. W., "Are firms successful at selectively hedging?", SSRN (2003)
9. Burke, L., "Corporate community involvement in the San Francisco Bay area", California Management Review, 28, pp.122~141 (1986)
10. Busch, T., "How hot is your bottom line? Linking carbon and financial performance", Business & Society, 50, pp.233~265 (2011)
11. Campbell, J. L., "Why would corporations behave in socially responsible ways? An institutional theory of corporate social responsibility", Academy of management Review, 32, pp.946~967 (2007)
12. Chapple, L., "The cost of carbon: Capital market effects of the proposed emission trading scheme (ETS)", Abacus, 49, pp.1~33 (2013)
13. Chen, J., "Corporate hedging and the cost of debt", Journal of Corporate Finance, 29, pp.221~245 (2014)
14. Chen, W. P., "External financing needs, corporate governance, and firm value", Corporate Governance : An International Review, 18, pp.234~249 (2010)
15. Cheng, B., "Corporate social responsibility and access to finance", Strategic Management Journal, 35, pp.1~23 (2014)
16. Choi, J. J., "Corporate risk management under information asymmetry", Journal of Business Finance & Accounting, 40, pp.239~271 (2013)
17. 최종서, "자발적으로 공시된 탄소배출정보의 유용성", 회계학연구, 41(6), pp.105~157 (2016), 한국회계학회
18. 최운열, "기업의 사회공헌활동이 기업가치에 미치는 영향: 기부금지출을 중심으로", 경영학연구, 38(2), pp.407~432 (2009), 한국경영학회
19. Chung, K. H., "Financial management", pp.70~74 (1994)
20. Sean M. Davis, "Global Diversification: A Longitudinal Analysis of Diversification’s Impact on Firm Value", Global Business and Finance Review, 14(2), pp.159~175 (2009), 사람과세계경영학회
21. Is the tail wagging the dog? An empirical analysis of corporate carbon footprints and financial performance, "Delmas, M. A.", Institute of the Environment and Sustainability, ~ (2011)
22. Demsetz, H., "The structure of corporate ownership : Causes and consequences", Journal of political economy, 93, pp.1155~1177 (1985)
23. Dhaliwal, D. S., "Voluntary nonfinancial disclosure and the cost of equity capital : The initiation of corporate social responsibility reporting", The accounting review, 86, pp.59~100 (2011)
24. Drobetz, W., "Corporate governance and expected stock returns : Evidence from Germany", European Financial Management, 10, pp.267~293 (2004)
25. El Ghoul, S., "Does corporate social responsibility affect the cost of capital?", Journal of Banking & Finance, 35, pp.2388~2406 (2011)
26. Ernst & Young., "Action Amid Uncertainty: Business Response to Climate Change" (2010), Ernst & Young Global Limited
27. Gulati, R., "Does familiarity breed trust? The implications of repeated ties for contractual choice in alliances", Academy of management journal, 38, pp.85~112 (1995)
28. Gupta, S., "Determinants of the variability in corporate effective tax rates : Evidence from longitudinal data", Journal of Accounting and Public Policy, 16, pp.1~34 (1997)
29. Setianingtyas H., "Value Relevance of Financial and Non-Financial Information to Investor Decision", Global Business and Finance Review, 20(2), pp.95~104 (2015), 사람과세계경영학회[DOI]
30. Hui Hu, "Foreign Currency Derivative and Firm Value: An Australian Study", Global Business and Finance Review, 15(1), pp.68~78 (2010), 사람과세계경영학회
31. Ioannou, I., "What drives corporate social performance? The role of nation-level institutions", Journal of International Business Studies, 43, pp.834~864 (2012)
32. Iwata, H., "How does environmental performance affect financial performance? Evidence from Japanese manufacturing firms", Ecological Economics, 70, pp.1691~1700 (2011)
33. 지현미, "The Impact of K-IFRS Adoption on the Value Relevance of Accounting Information", Global Business and Finance Review, 22(2), pp.90~97 (2017), 사람과세계경영학회
34. Jung, J., "Carbon Risk, Carbon Risk Awareness and the Cost of Debt Financing", Journal of Business Ethics, pp.1~21 (2016)
35. 곽영민, "Corporate Social Responsibility and Financial Constraints: Evidence from Korean Firms", Global Business and Finance Review, 20(2), pp.15~26 (2015), 사람과세계경영학회[DOI]
36. Kim, H. T., "Multinationals and the impact of corruption on financial derivatives use and firm value: Evidence from East Asia", Journal of Multinational Financial Management, 39, pp.39~59 (2017)
37. Lau, C. K., "How corporate derivatives use impact firm performance?", Pacific-Basin Finance Journal, 40, pp.102~114 (2016)
38. Li, D., "Environmental Legitimacy, Green Innovation, and Corporate Carbon Disclosure: Evidence from CDP China 100", Journal of Business Ethics, pp.1~16 (2016)
39. Martinez, C. A., "The ethical challenges of the UN’s Clean Development Mechanism", Journal of business ethics, 117, pp.807~821 (2013)
40. Matsumura, E. M., "Firm-value effects of carbon emissions and carbon disclosures", The Accounting Review, 89, pp.695~724 (2014)
41. McWilliams, A., "Corporate social responsibility : A theory of the firm perspective", Academy of management review, 26, pp.117~127 (2001)
42. Mishra, D. R., "Post-innovation CSR performance and firm value", Journal of Business Ethics, pp.1~22 (2015)
43. Morck, R., "Management ownership and market valuation : An empirical analysis", Journal of financial economics, 20, pp.293~315 (1988)
44. Myers, S. C., "Corporate financing and investment decisions when firms have information that investors do not have", Journal of financial economics, 13, pp.187~221 (1984)
45. Ohlson, J. A., "Earnings, book values, and dividends in equity valuation", Contemporary accounting research, 11, pp.661~687 (1995)
46. Orlitzky, M., "Corporate social and financial performance : A meta-analysis", Organization studies, 24, pp.403~441 (2003)
47. Intan Novela QA, "The Empowerment of Waste Utilization Industry Based on Greenpreneurship", Global Business and Finance Review, 20(2), pp.59~65 (2015), 사람과세계경영학회[DOI]
48. Saka, C., "Disclosure effects, carbon emissions and corporate value", Sustainability Accounting, Management and Policy Journal, 5, pp.22~45 (2014)
49. Simnett, R., "Developing an international assurance standard on greenhouse gas statements", Accounting Horizons, 23, pp.347~363 (2009)
50. Talbot, D., "GHG reporting and impression management: An assessment of sustainability reports from the energy sector", Journal of Business Ethics, pp.1~17 (2015)
51. 연강흠, "외국간접투자자본이 국민경제에 미치는 영향에 관한 연구", 경영학연구, 35(6), pp.1885~1912 (2006), 한국경영학회
52. Waddock, S. A., "The corporate social performance-financial performance link", Strategic management journal, pp.303~319 (1997)
53. Wagner, M., "The relationship between the environmental and economic performance of firms: an empirical analysis of the European paper industry", Corporate Social Responsibility and Environmental Management, 9, pp.133~146 (2002)
54. Wang, L., "Do greenhouse gas emissions affect financial performance?–an empirical examination of Australian public firms", Business Strategy and the Environment, 23, pp.505~519 (2014)

관련 논문AI추천