دانلود مقاله ISI انگلیسی شماره 99389
کد مقاله سال انتشار مقاله انگلیسی ترجمه فارسی تعداد کلمات
99389 2018 26 صفحه PDF سفارش دهید 8436 کلمه
خرید مقاله
پس از پرداخت، فوراً می توانید مقاله را دانلود فرمایید.
عنوان انگلیسی
The public environmental awareness and the air pollution effect in Chinese stock market
منبع

Publisher : Elsevier - Science Direct (الزویر - ساینس دایرکت)

Journal : Journal of Cleaner Production, Volume 185, 1 June 2018, Pages 446-454

پیش نمایش مقاله
پیش نمایش مقاله

چکیده انگلیسی

Most empirical researches in behavioral finance have found that the air pollution can affect the stock market in the developed world, while a few works show some different results in China. This paper deeply discusses the reasons for the difference of air pollution effect, and attributes it to the intensity of public environmental awareness. This paper selects some important environmental events which can enhance the public environmental awareness as samples, to investigate the influence of public environmental awareness on the air pollution effect. The results firstly show that the air pollution effect in Chinese stock market is not significant during a long-term sample period. Secondly, the empirical findings support that these events have significant impacts on the air pollution effect in Chinese stock market. Finally, this paper provides direct evidence on that the air pollution effect has a significant negative change after these events, which is consistent with the expected impact of the air pollution effect's mechanism. This research extends the behavioral financial issue of air pollution effect and provides the empirical evidence for the public environmental awareness's obstacle to the air pollution effect.

خرید مقاله
پس از پرداخت، فوراً می توانید مقاله را دانلود فرمایید.