2022
DOI: 10.3846/jbem.2022.18244
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Do Investors’ Reactions to Environmentally Friendly News Announcements Differ Across Industries? A Comparative Analysis of Japan’s Food and Automotive Industries

Abstract: Recently, investors’ growing awareness of environmental concerns has prompted many businesses to implement green policies and procedures. Investors’ reactions to firms’ environmental efforts vary across different industries. However, few empirical studies have addressed these differences, especially in Japan – the third-largest sustainable investor in the world. Using data from Japanese food and automotive industries, this research examined sector-specific differences in investors’ reactions to firms’ environm… Show more

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