The impact of green reporting on the emerging stock market around green policy announcements: evidence from Vietnam
This paper investigates the impact of green reporting on the Vietnamese stock market around green policy announcements during 2019–2022 by collecting data from 612 listed companies on the Vietnamese stock exchange. To measure green reporting, the paper employs the Scoring method to evaluate companie...
Saved in:
| Main Authors: | , , , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Elsevier
2025-06-01
|
| Series: | Sustainable Futures |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S266618882500214X |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1849421913242206208 |
|---|---|
| author | Nguyen Thi Hoa Hong Nguyen Ngoc Hai Kieu Yen Ngoc Vuong Minh Ngoc Nguyen Thi Yen Phuong Dinh Le Quynh Thu |
| author_facet | Nguyen Thi Hoa Hong Nguyen Ngoc Hai Kieu Yen Ngoc Vuong Minh Ngoc Nguyen Thi Yen Phuong Dinh Le Quynh Thu |
| author_sort | Nguyen Thi Hoa Hong |
| collection | DOAJ |
| description | This paper investigates the impact of green reporting on the Vietnamese stock market around green policy announcements during 2019–2022 by collecting data from 612 listed companies on the Vietnamese stock exchange. To measure green reporting, the paper employs the Scoring method to evaluate companies’ reports based on five components including water, energy, emissions, waste, and compliance. Utilizing the Event study method and Ordinary Least Squares Regression, our empirical results reveal a positive correlation between green reporting and stock returns, accompanied by a reduction in stock risks. In addition, among the five components of green reporting, emission emerges as the most influential factor affecting the performance of the Vietnamese stock market. Therefore, our findings offer some valuable implications for both listed companies and regulatory authorities seeking to amplify the beneficial effects of green reporting on the Vietnamese stock market. |
| format | Article |
| id | doaj-art-e026fd14c2aa427199f1e1edf7b854e0 |
| institution | Kabale University |
| issn | 2666-1888 |
| language | English |
| publishDate | 2025-06-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Sustainable Futures |
| spelling | doaj-art-e026fd14c2aa427199f1e1edf7b854e02025-08-20T03:31:20ZengElsevierSustainable Futures2666-18882025-06-01910064610.1016/j.sftr.2025.100646The impact of green reporting on the emerging stock market around green policy announcements: evidence from VietnamNguyen Thi Hoa Hong0Nguyen Ngoc Hai1Kieu Yen Ngoc2Vuong Minh Ngoc3Nguyen Thi Yen Phuong4Dinh Le Quynh Thu5Financial Management – Statistics Analysis Department, Faculty of Business Administration, Foreign Trade University, 91 Chua Lang Street, Dong Da District, Ha Noi, Vietnam; Corresponding author.Faculty of Business Administration, Foreign Trade University, 91 Chua Lang Street, Dong Da District, Ha Noi, VietnamFaculty of Business Administration, Foreign Trade University, 91 Chua Lang Street, Dong Da District, Ha Noi, VietnamFaculty of Business Administration, Foreign Trade University, 91 Chua Lang Street, Dong Da District, Ha Noi, VietnamFaculty of Business Administration, Foreign Trade University, 91 Chua Lang Street, Dong Da District, Ha Noi, VietnamFaculty of Business Administration, Foreign Trade University, 91 Chua Lang Street, Dong Da District, Ha Noi, VietnamThis paper investigates the impact of green reporting on the Vietnamese stock market around green policy announcements during 2019–2022 by collecting data from 612 listed companies on the Vietnamese stock exchange. To measure green reporting, the paper employs the Scoring method to evaluate companies’ reports based on five components including water, energy, emissions, waste, and compliance. Utilizing the Event study method and Ordinary Least Squares Regression, our empirical results reveal a positive correlation between green reporting and stock returns, accompanied by a reduction in stock risks. In addition, among the five components of green reporting, emission emerges as the most influential factor affecting the performance of the Vietnamese stock market. Therefore, our findings offer some valuable implications for both listed companies and regulatory authorities seeking to amplify the beneficial effects of green reporting on the Vietnamese stock market.http://www.sciencedirect.com/science/article/pii/S266618882500214XG18O16Q01 |
| spellingShingle | Nguyen Thi Hoa Hong Nguyen Ngoc Hai Kieu Yen Ngoc Vuong Minh Ngoc Nguyen Thi Yen Phuong Dinh Le Quynh Thu The impact of green reporting on the emerging stock market around green policy announcements: evidence from Vietnam Sustainable Futures G18 O16 Q01 |
| title | The impact of green reporting on the emerging stock market around green policy announcements: evidence from Vietnam |
| title_full | The impact of green reporting on the emerging stock market around green policy announcements: evidence from Vietnam |
| title_fullStr | The impact of green reporting on the emerging stock market around green policy announcements: evidence from Vietnam |
| title_full_unstemmed | The impact of green reporting on the emerging stock market around green policy announcements: evidence from Vietnam |
| title_short | The impact of green reporting on the emerging stock market around green policy announcements: evidence from Vietnam |
| title_sort | impact of green reporting on the emerging stock market around green policy announcements evidence from vietnam |
| topic | G18 O16 Q01 |
| url | http://www.sciencedirect.com/science/article/pii/S266618882500214X |
| work_keys_str_mv | AT nguyenthihoahong theimpactofgreenreportingontheemergingstockmarketaroundgreenpolicyannouncementsevidencefromvietnam AT nguyenngochai theimpactofgreenreportingontheemergingstockmarketaroundgreenpolicyannouncementsevidencefromvietnam AT kieuyenngoc theimpactofgreenreportingontheemergingstockmarketaroundgreenpolicyannouncementsevidencefromvietnam AT vuongminhngoc theimpactofgreenreportingontheemergingstockmarketaroundgreenpolicyannouncementsevidencefromvietnam AT nguyenthiyenphuong theimpactofgreenreportingontheemergingstockmarketaroundgreenpolicyannouncementsevidencefromvietnam AT dinhlequynhthu theimpactofgreenreportingontheemergingstockmarketaroundgreenpolicyannouncementsevidencefromvietnam AT nguyenthihoahong impactofgreenreportingontheemergingstockmarketaroundgreenpolicyannouncementsevidencefromvietnam AT nguyenngochai impactofgreenreportingontheemergingstockmarketaroundgreenpolicyannouncementsevidencefromvietnam AT kieuyenngoc impactofgreenreportingontheemergingstockmarketaroundgreenpolicyannouncementsevidencefromvietnam AT vuongminhngoc impactofgreenreportingontheemergingstockmarketaroundgreenpolicyannouncementsevidencefromvietnam AT nguyenthiyenphuong impactofgreenreportingontheemergingstockmarketaroundgreenpolicyannouncementsevidencefromvietnam AT dinhlequynhthu impactofgreenreportingontheemergingstockmarketaroundgreenpolicyannouncementsevidencefromvietnam |