Event study

  1. Higher carbon-risk firms saw stock prices rise after EPA ruling
    Supreme Court ruling limiting EPA power increased stock prices of carbon-intensive firms, with effects moderated by state climate policies and institutional investor pressure.
  2. UAE-specific crises produced negative firm returns; global crises often positive
    Study examines how global and domestic crises impact UAE financial markets using STL decomposition, revealing asymmetric responses across firm characteristics and event categories.