Does corporate eco-innovation affect stock price crash risk?
We examine the effect of corporate environmental innovation (hereafter eco-innovation) on stock price crash risk and document a significant negative association. Utilising a large sample of publicly listed U.S. firms for the period 2003 to 2017, we find that an increase in eco-innovation from the 25...
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Main Authors: | , , , , |
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Format: | Article |
Published: |
Elsevier Science Ltd
2021
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Online Access: | http://eprints.um.edu.my/27872/ |
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