Research background: This paper studies the impact of a new so-called green factor on the capitalization of petroleum companies, which is becoming highly relevant in view of the signing of the Paris agreements in 2015 and the support for clean energy. Although society, international organizations, and government authorities encourage companies to reduce their environmental impact, one of the main reasons for responsible behavior is still economic efficiency. The oil industry, on the one hand, faces one of the most volatile markets and, on the other hand, has one of the largest environmental impacts of any industry. That requires a detailed study of interconnections between market capitalization and the green factor.
Предметные области OECD FOS+WOS
- 5.02.GY ЭКОНОМИКА
- 5.01 ПСИХОЛОГИЧЕСКИЕ НАУКИ
- 6.01 ИСТОРИЯ И АРХЕОЛОГИЯ