Climate-Policy Pronouncements Boost ‘Brown’ Stocks
A US president’s comments tend to calm volatility around climate-related stocks and bolster asset prices by resolving uncertainty.
Climate-Policy Pronouncements Boost ‘Brown’ StocksHow big a problem is meritless litigation for US companies? It depends on how innovative they are. Research by Chicago Booth’s Elisabeth Kempf and Oliver G. Spalt of Tilburg University suggests innovative companies are more likely to face meritless class-action suits and suffer more as a result of them than their less-innovative counterparts. Kempf explains what drives this “tax on successful innovation,” and what policy makers could do to fix it.
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A US president’s comments tend to calm volatility around climate-related stocks and bolster asset prices by resolving uncertainty.
Climate-Policy Pronouncements Boost ‘Brown’ StocksDespite the potential benefits of government support, many investment groups prefer money from private investors.
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