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the firm-value results of managers’ decisions to disclose carbon emissions. We find that the median value of firms that disclose their carbon emissions is about $2.three billion larger than that of comparable non-disclosing companies. Our results indicate that the markets penalize all companies for his or her carbon emissions, but a further penalty is imposed on companies that don’t disclose emissions info. The outcomes are consistent withBadass version vintage Jesus cross leather pattern all over print tote bag the argument that capital markets impound both carbon emissions and the act of voluntary disclosure of this info in firm valuations. Shareholder activism by establishments is an important aspect of U.S. monetary markets. We provide an outline of shareholder activism by institutional and individual buyers, emphasising their concentrate on corporate governance, the identification of the activists, and a short historical past of their actions. We

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