Economic policy uncertainty and environmental governance company volatility: Evidence from China
Research in International Business and Finance
; 64, 2023.
Article
in English
| Scopus | ID: covidwho-2242935
ABSTRACT
This study primarily investigates whether China's economic policy uncertainty (EPU) can predict the environmental governance index volatility, which selects companies regarding environmental protection such as sewage treatment, solid waste treatment, air treatment, and energy saving. Empirical results reveal that China's EPU index can predict the environmental governance index volatility. Furthermore, even during periods of fluctuating volatility and the COVID-19 pandemic, China's EPU index can reliably forecast the environmental governance index volatility. This paper tries to provide new evidence regarding the connection between EPU and environmental governance companies' stock volatility. © 2023
Full text:
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Collection:
Databases of international organizations
Database:
Scopus
Language:
English
Journal:
Research in International Business and Finance
Year:
2023
Document Type:
Article
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