IRIS PubliCatt

“Carbon” boards and transition risk: Explicit and implicit exposure implications for total stock returns and dividends payouts

Transition risk disclosure facilitates investors' understanding of the potential company-level risks associated with a low-carbon transition. Among the others, stricter regulations could undermine companies' financial performances, affecting operations costs and revenues and their impact being proportional to the business carbon intensity. Transition risk disclosure takes two forms. One is a textual description of transition risk in compulsory and voluntary non-financial disclosure. The other...

Walking, Talking, or Standing Still? Climate Commitment and Performance in Publicly Listed Firms in Five Major Economies

Recent regulatory interventions are beginning to mandate climate disclosure in listed firms. Although compelling, prior studies demonstrate that firms can symbolically commit to climate and environmental disclosures yet not undertake action. Neo-institutional theory (NIT) suggests that two strategies exist: the legitimacy perspective, which manifests in symbolic efforts, and the efficiency perspective, which is more consistent with substantive efforts. In this article, we apply NIT to assess ...

Energy Poverty in Europe: from Market Liberalisation to the Green Transition and (Energy) Inflation

This paper offers a review of energy poverty using official European institution reports as a guideline, emphasising links with the green transition, which are not commonly analysed in the literature. We propose a brief review of the academic debate on the definition of energy/fuel poverty and the methodologies used to measure the phenomenon. In addition, we examine the initial phase of the discussion, in which we can observe a growth in reports on the issue of energy poverty produced directl...

Dinámicas de interacción en la revisión de textos escritos en español como lengua extranjera