Does environmental management system certification keep enterprises out of trouble? Evidence from stock price crash risk.
This paper examines the impact of environmental management system (EMS) certification, a significant voluntary participatory environmental regulation, on the risk of stock price collapse. The study is based on sample data of heavily polluting listed companies from 2008-2020. The study demonstrates t...
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Main Authors: | Hongyu Liu, Qin Binbin, Pengliang Qiao |
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Format: | Article |
Language: | English |
Published: |
Public Library of Science (PLoS)
2024-01-01
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Series: | PLoS ONE |
Online Access: | https://doi.org/10.1371/journal.pone.0311740 |
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