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Climate change-related risks and bank stock returns

Whelsy Boungou and Christian Urom

Economics Letters, 2023, vol. 224, issue C

Abstract: Using daily stock index data for global and G20 banks over the period from January 2011 to November 2019, we find that climate change risks have a negative impact on banks’ stock performance.

Keywords: Climate change; Bank stocks; G20; Quantile regression (search for similar items in EconPapers)
JEL-codes: G11 G15 Q54 (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:224:y:2023:i:c:s0165176523000368

DOI: 10.1016/j.econlet.2023.111011

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