2023
DOI: 10.1108/ijccsm-10-2021-0124
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Greenhouse gas emissions and stock market volatility: an empirical analysis of OECD countries

Abstract: Purpose This study aims to explore empirical evidence of the impact of greenhouse gas (GHG) emissions on stock market volatility. Design/methodology/approach Using panel data of 35 Organization for Economic Co-operation and Development countries from 1992 to 2018, we conduct both fixed effects panel model and Prais-Winsten model with panel-corrected standard errors. Findings The authors document that there is a significant positive relationship between GHG emissions and stock market volatility. The results… Show more

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Cited by 9 publications
(1 citation statement)
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“…First, by integrating the RBV and network perspectives, we add explanatory power to the analysis of circular economy network-building (Kristoffersen et al, 2021) Circular economy network building conducts a comprehensively examines circular economy network-building among offshore subsidiaries of Taiwan-based MNCs to improve the understanding of the three circular economy network policies and local competence enhancement (replaced by their relationships with competence enhancement of offshore subsidiaries in the host country). Second, as shown in Figure 1, this study fills the resilience strategy gap by incorporating the literature on FDI and climate change action with a post hoc multigroup analysis (MGA) (Filho et al, 2023;Noh and Park, 2023;Wu and Deng, 2020). The empirical results provide a holistic view of the path influence of the reduce, reuse and recycle policy networks on subsidiaries' competence enhancement related to production size, manufacturing know-how and production quality.…”
Section: Introductionmentioning
confidence: 99%
“…First, by integrating the RBV and network perspectives, we add explanatory power to the analysis of circular economy network-building (Kristoffersen et al, 2021) Circular economy network building conducts a comprehensively examines circular economy network-building among offshore subsidiaries of Taiwan-based MNCs to improve the understanding of the three circular economy network policies and local competence enhancement (replaced by their relationships with competence enhancement of offshore subsidiaries in the host country). Second, as shown in Figure 1, this study fills the resilience strategy gap by incorporating the literature on FDI and climate change action with a post hoc multigroup analysis (MGA) (Filho et al, 2023;Noh and Park, 2023;Wu and Deng, 2020). The empirical results provide a holistic view of the path influence of the reduce, reuse and recycle policy networks on subsidiaries' competence enhancement related to production size, manufacturing know-how and production quality.…”
Section: Introductionmentioning
confidence: 99%