An analysis of the stock market impact of environmental performance information

• Published in: Accounting forum Vol. 28; no. 1; pp. 7 - 26
• Main Authors: Lorraine, N.H.J., Collison, D.J., Power, D.M.
• Format: Journal Article
• Language: English
• Published: Elsevier Ltd 01.03.2004
• Subjects: Accidents; Companies; Environmental Agency; Environmental management; Great Britain; Information; Journalism; Pollution; Prices; Share prices; Shares; Statistics; Stock market; Share prices; Stock market; Environmental Agency

This paper examines whether publicity (either good or bad) about environmental performance affects companies’ share prices. To date, a lot of the research in this area has been conducted in a US setting and has arrived at inconclusive results. This investigation examines the topic in a UK context. S...