碳管理系统的市场价值和环境绩效：一项国际调查

IF 8.2 2区管理学 Q1 COMPUTER SCIENCE, INFORMATION SYSTEMS

Information & Management Pub Date : 2024-06-14 DOI:10.1016/j.im.2024.103997

Daniel E. Rush , Nigel P. Melville , Christie M. Fuller

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引用次数: 0

摘要

本研究探讨了全球上市公司采用碳管理系统（CMS）的财务和环境影响。研究分析了市场对宣布采用碳管理系统的公司的反应，以及采用碳管理系统的公司温室气体排放量的变化。介绍了一种进行国际事件研究的方法，蒙特卡罗模拟表明，这种方法对于避免偏差可能是必要的。实证结果表明，在各种规格下，采用 CMS 的公告可能不会产生正的异常回报。相反，估计结果表明，采用 CMS 可能会缓解温室气体排放的增加。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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Market value and environmental performance of carbon management systems: An international investigation

This study examines the financial and environmental effects of carbon management systems (CMSs) used in publicly traded companies worldwide. Market reactions to companies that announce the adoption of a CMS are analyzed, as are changes in greenhouse gas (GHG) emissions for CMS adopters. A method for conducting international event studies is introduced, and a Monte Carlo simulation indicates that such a method may be necessary to avoid bias. Empirical results suggest that CMS adoption announcements might not generate positive abnormal returns across a variety of specifications. In contrast, estimation results suggest that adoption of a CMS may mitigate increases in GHG emissions.

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来源期刊

Information & Management 工程技术-计算机：信息系统

CiteScore

17.90

自引率

6.10%

发文量

123

审稿时长

1 months

期刊介绍： Information & Management is a publication that caters to researchers in the field of information systems as well as managers, professionals, administrators, and senior executives involved in designing, implementing, and managing Information Systems Applications.