Data · dataset · 2023
Dataset: Shocks, Stocks and Ratings
Listed in IISH Dataverse
The financial community suggests it increasingly accounts for environmental and social concerns.
Description
To investigate this claim, we study how stock market participants and credit rating agencies respond to global environmental and health hazards. The actions of numerous investors who trade on public information determine firm value.
Credit rating agencies produce ratings based on private information. These ratings inform about a firm’s default and business risk. We establish that financial investors show a timely and significant response, but this response is highly generic and is small from an economic perspective.
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We also find that credit ratings do not immediately respond in a significant way. Further, when we compare these two key agents of the financial community, it shows that markets and raters respond in a different way to the hazards. We conclude that the international financial community so far does not appropriately account for global environmental and health hazards.
Links
Where it is published
- Dataverse dataset page dataverse.nl/dataset.xhtml?persistentId=doi%3A10.34894%2FHKRD7V ↗
landing page · from datasets iisg amsterdam
- DOI doi.org/10.34894/hkrd7v ↗
DOI / persistent id · from datasets iisg amsterdam
Catalogue records · 1
- Dataverse API dataverse.nl/api/datasets/:persistentId/?persistentId=doi%3A10.34894%2FHKRD… ↗
metadata API · from datasets iisg amsterdam
Topics
- Stated by source
- Business and Management
- From keywords
- Earth & Environmental Science · Economics & Finance · Medicine & Health
- Inferred from text
- Banking, finance and investment 74%
Provenance · 1 source records, 11 field assertions
| Source | Key | Last seen | Raw |
|---|---|---|---|
| IISH Dataverse | doi:10.34894/HKRD7V | 10 d ago | JSON v1 |
| Field | Assertion | Extractor | Evidence |
|---|---|---|---|
| concepts[field].anzsrc:group:3502 | enrichment · datasets iisg amsterdam | taxonomy-embedding@1.1.0 | title+keywords+description (74%) |
| concepts[field].dataverse_subject:business-and-management | source · datasets iisg amsterdam | connector:datasets_iisg_amsterdam@1.0.0 | /subjects |
| concepts[field].local:field:earth-environmental | mapping · datasets iisg amsterdam | connector:datasets_iisg_amsterdam@1.0.0 | /subjects |
| concepts[field].local:field:economics-finance | mapping · datasets iisg amsterdam | connector:datasets_iisg_amsterdam@1.0.0 | /subjects |
| concepts[field].local:field:medicine-health | mapping · datasets iisg amsterdam | connector:datasets_iisg_amsterdam@1.0.0 | /subjects |
| created_date | source · datasets iisg amsterdam | connector:datasets_iisg_amsterdam@1.0.0 | |
| description | source · datasets iisg amsterdam | connector:datasets_iisg_amsterdam@1.0.0 | /description |
| publication_date | source · datasets iisg amsterdam | connector:datasets_iisg_amsterdam@1.0.0 | |
| title | source · datasets iisg amsterdam | connector:datasets_iisg_amsterdam@1.0.0 | /name |
| updated_date | source · datasets iisg amsterdam | connector:datasets_iisg_amsterdam@1.0.0 | |
| version_label | source · datasets iisg amsterdam | connector:datasets_iisg_amsterdam@1.0.0 |