Publication: The effect of environmental, social and governance risks
The effect of environmental, social and governance risks
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Dogru, T., Akyildirim, E., Cepni, O., Ozdemir, O., Sharma, A., & Yilmaz, M. H. (2022). The effect of environmental, social and governance risks. Annals of Tourism Research, 95, 103432. https://doi.org/10.1016/j.annals.2022.103432
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This study examines the effect of environmental, social and governance risks on firm value. We analyze the extent to which environmental, social and governance related news affect tourism firms' abnormal returns using event study methodology. The results show that environmental, social and governance related news releases do not significantly affect firm value in the short-term. We further investigate the effect of environmental, social and governance risks on the value of tourism firms during the recent pandemic utilizing difference-
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Dogru, T., Akyildirim, E., Cepni, O., Ozdemir, O., Sharma, A., & Yilmaz, M. H. (2022). The effect of environmental, social and governance risks. Annals of Tourism Research, 95, 103432. https://doi.org/10.1016/j.annals.2022.103432