Construct · 1 fields · 1 citations

pollution premium: a standalone construct

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Sustainable finance

higher average stock returns for firms with high toxic emissions intensity, interpreted as compensation for environmental regulation risk.

In sustainable finance, pollution premium refers to higher average stock returns for firms with high toxic emissions intensity, interpreted as compensation for environmental regulation risk. This meaning comes from Hsu (2023) in The Journal of Finance.[1]

Unit
Recovery means
Measured by

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Nearby constructs

compensation2 fields · 2 citationsjingle · one word, two constructs intensity4 fields · 5 citationsjingle · one word, four constructs premium4 fields · 4 citationsjingle · one word, four constructs

References

Hsu, P., Li, K., & Tsou, C. (2023). The Pollution Premium. The Journal of Finance, 78(3), 1343-1392. https://doi.org/10.1111/jofi.13217

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