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| DC 欄位 | 值 | 語言 |
|---|---|---|
| dc.contributor.advisor | 陳業寧(Yehning Chen) | |
| dc.contributor.author | Yi-Chun Tsai | en |
| dc.contributor.author | 蔡宜均 | zh_TW |
| dc.date.accessioned | 2022-11-24T09:25:27Z | - |
| dc.date.available | 2022-11-24T09:25:27Z | - |
| dc.date.copyright | 2021-08-06 | |
| dc.date.issued | 2021 | |
| dc.date.submitted | 2021-07-15 | |
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| dc.identifier.uri | http://tdr.lib.ntu.edu.tw/jspui/handle/123456789/81662 | - |
| dc.description.abstract | 本文探討氣候風險的發生是否會影響企業的碳減量行為，進而影響分析師評價。氣候風險分為法規風險與實體風險，本文使用美國聯邦政府與州政府的碳政策做為法規風險之衡量變數，以及颶風事件做為實體風險之衡量變數，實證結果發現企業於州政府的碳政策發布後、以及颶風事件發生後將傾向從事碳減量行動，但企業於聯邦政府的碳政策發布後則未有顯著的碳減量行動。州政府的碳政策與颶風事件發生使企業減少約12.54%至13.67%的碳排放量。此外，氣候風險與企業碳排放量的負向關係於以下三種情境下愈顯著: (i)當聯邦層級的碳政策規定為Obama政府在任時期；(ii)當州層級的碳政策規定為民主黨州長在任時期；與(iii)當企業有較多的實質資產受到颶風事件的影響。另外，分析師亦給予企業碳減量行為是由於州政府的碳政策者較佳的評價，此結果在使用傾向分數配對法減緩內生性問題後仍然成立。 | zh_TW |
| dc.description.provenance | Made available in DSpace on 2022-11-24T09:25:27Z (GMT). No. of bitstreams: 1 U0001-1507202111293300.pdf: 1979910 bytes, checksum: ae7a058a95d2b7b187ff3757bf866573 (MD5) Previous issue date: 2021 | en |
| dc.description.tableofcontents | Contents 謝辭....................................................................i 摘要....................................................................ii Abstract................................................................iii Chapter 1. Introduction.................................................1 Chapter 2. Literature review and hypothesis development.................10 Chapter 3. Data.........................................................14 3.1 Sample selection....................................................14 3.2 Analyst recommendation variables....................................15 3.3 Carbon mitigation variables.........................................15 3.4 Climate risks variables.............................................16 3.5 Other variables.....................................................19 3.6 Summary statistics..................................................21 Chapter 4. Empirical results............................................23 4.1 Baseline OLS specification..........................................23 4.2 Endogeneity.........................................................25 4.3 Interactive effect..................................................28 4.4 Mechanism test......................................................31 4.5 Analyst recommendation in response to firm emission.................32 4.6 Hurricane physical risks on long-term emission mitigation...........35 Chapter 5. Conclusion...................................................35 References..............................................................38 Appendix A. Variable definition.........................................57 Appendix B. Examples of state-level regulatory risks....................58 | |
| dc.language.iso | en | |
| dc.subject | 法規風險 | zh_TW |
| dc.subject | 分析師推薦 | zh_TW |
| dc.subject | 碳排放量 | zh_TW |
| dc.subject | 實體風險 | zh_TW |
| dc.subject | 氣候風險 | zh_TW |
| dc.subject | Greenhouse gas emissions | en |
| dc.subject | Climate risks | en |
| dc.subject | Regulatory risks | en |
| dc.subject | Physical risks | en |
| dc.subject | Analyst recommendation | en |
| dc.title | 氣候風險、企業碳減量與分析師推薦 | zh_TW |
| dc.title | "Climate risks, Corporate Carbon Mitigation, and Analyst Recommendation" | en |
| dc.date.schoolyear | 109-2 | |
| dc.description.degree | 博士 | |
| dc.contributor.oralexamcommittee | 陳聖賢(Hsin-Tsai Liu),胡星陽(Chih-Yang Tseng),王衍智,張晏誠,黃嘉威,施懿宸 | |
| dc.subject.keyword | 氣候風險,法規風險,實體風險,碳排放量,分析師推薦, | zh_TW |
| dc.subject.keyword | Climate risks,Regulatory risks,Physical risks,Greenhouse gas emissions,Analyst recommendation, | en |
| dc.relation.page | 59 | |
| dc.identifier.doi | 10.6342/NTU202101481 | |
| dc.rights.note | 未授權 | |
| dc.date.accepted | 2021-07-16 | |
| dc.contributor.author-college | 管理學院 | zh_TW |
| dc.contributor.author-dept | 財務金融學研究所 | zh_TW |
| 顯示於系所單位： | 財務金融學系 | |
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