We provide first-time evidence on whether market-wide physical or transition climate risks
are priced in US stocks. Textual and narrative analysis of Reuters climate-change news over …

This study examines the recent literature on the expectations, beliefs and perceptions of
investors who incorporate Environmental, Social, Governance (ESG) considerations in …

Financial markets have increasingly adopted the concept of ESG (environmental, social, and
governance); this paper studies the evolving effect of corporate ESG performance on the …

We examine the relationship between carbon emissions and future stock returns in Hong
Kong and Singapore stock markets. Hong Kong-listed stocks with higher carbon emissions …

Numerous trading strategies examined in empirical options research exhibit remarkably
high mean returns and Sharpe ratios. We show some of these seemingly'good deals' are …

The research problem This study investigates the response of stock prices and equity
options to negative environmental, social, and governmental (ESG) incidents. Motivation …

What motivates ESG integration? I find both non-pecuniary and risk-mitigating preferences
explain its prominence. Using widely endorsed ESG ratings, I show each preference …

We find a negative relation between firm-level political risk and future delta-hedged equity
option returns. A quasi-natural experiment based on Brexit corroborates this finding since …

In this paper we investigate energy futures contracts and the presence of a type of
seasonality, that has been given very little to no attention in the literature—-we call it trading …

This article examines support for mandatory climate impact disclosures beyond institutional
investors and investigates societal backing for such disclosures. Analysing public comments …