Panel data to run the regression model, underlying the pending publication: Do Investors Reward Climate Responsibility? Event Study Evidence from the Nordic Countries
DOI: 10.4121/d7437283-d323-4cbb-a51b-0d49f0eafbc5
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Dataset
The dataset include: 1. Cumulative abnormal returns (4-day event window) that were calculated based on the market model for 174 corporate climate-related initiatives (103 favourable events and 71 unfavourable events) by Nordic firms, 2. Calendar days of the events and the respective year, 3. Abnormal volume on event days and respective high attention dummy, 4. Year dummies to capture time-trend, 5. Control variables (firm size, price-to-book ratio, analyst coverage, ROA, leverage ratio, environmental pillar score according to Refinitive), 6. Event classification and industry classification of firms. Data was collected using the Refinitiv Eikon database, and all the data is secondary.
History
- 2025-07-29 first online, published, posted
Publisher
4TU.ResearchDataFormat
database/excelReferences
Organizations
Jönköping International Business School, University of Colombo - Faculty of Management and FinanceDATA
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