메뉴 건너뛰기




Volumn 17, Issue 4, 2008, Pages 747-764

The value relevance of greenhouse gas emissions allowances: An exploratory study in the related united states SO2 market

Author keywords

[No Author keywords available]

Indexed keywords


EID: 57049094909     PISSN: 09638180     EISSN: 14684497     Source Type: Journal    
DOI: 10.1080/09638180802481615     Document Type: Article
Times cited : (99)

References (27)
  • 1
    • 57049099049 scopus 로고    scopus 로고
    • EU greenhouse-gas emissions rose 1.1% last year
    • Abboud, L. (2008) EU greenhouse-gas emissions rose 1.1% last year. Wall Street Journal, p. A8.
    • (2008) Wall Street Journal
    • Abboud, L.1
  • 2
    • 0001725911 scopus 로고    scopus 로고
    • Revaluations of fixed assets and future firm performance: Evidence from the UK
    • Aboody, D., Barth, M. E. and Kasznik, R. (1999) Revaluations of fixed assets and future firm performance: Evidence from the UK. Journal of Accounting and Economics, 26, pp. 149-178.
    • (1999) Journal of Accounting and Economics , vol.26 , pp. 149-178
    • Aboody, D.1    Barth, M.E.2    Kasznik, R.3
  • 3
    • 21844514889 scopus 로고
    • Estimation and market valuation of environmental liabilities relating to superfund sites
    • Barth, M. E. and McNichols, M. F. (1994) Estimation and market valuation of environmental liabilities relating to superfund sites. Journal of Accounting Research, 32, pp. 177-209.
    • (1994) Journal of Accounting Research , vol.32 , pp. 177-209
    • Barth, M.E.1    McNichols, M.F.2
  • 5
    • 84998068444 scopus 로고    scopus 로고
    • Environmental information and market reactions to environmental legislation
    • Blacconiere, W. G. and Northcut, D. W. (1997) Environmental information and market reactions to environmental legislation. Journal of Accounting, Auditing and Finance, 12, pp. 149-178.
    • (1997) Journal of Accounting, Auditing and Finance , vol.12 , pp. 149-178
    • Blacconiere, W.G.1    Northcut, D.W.2
  • 6
    • 0000230363 scopus 로고
    • Environmental disclosures, regulatory costs, and changes in firm value
    • Blacconiere, W. G. and Patten, D. M. (1994) Environmental disclosures, regulatory costs, and changes in firm value. Journal of Accounting and Economics, 18:3, pp. 355-377.
    • (1994) Journal of Accounting and Economics , vol.18 , Issue.3 , pp. 355-377
    • Blacconiere, W.G.1    Patten, D.M.2
  • 8
    • 21344471282 scopus 로고    scopus 로고
    • 2 emissions trading program: Cost savings without allowance trades
    • 2 emissions trading program: Cost savings without allowance trades. Contemporary Economic Policy, 16, pp. 79-94.
    • (1996) Contemporary Economic Policy , vol.16 , pp. 79-94
    • Burtraw, D.1
  • 10
    • 57049183487 scopus 로고    scopus 로고
    • Discussion of EITF issue 03-14: Participants' accounting for emissions allowances under a 'cap and trade' program
    • Emerging Issues Task Force (EITF) Norwalk, CT
    • Emerging Issues Task Force (EITF) (2003) Discussion of EITF issue 03-14: participants' accounting for emissions allowances under a 'cap and trade' program. Norwalk, CT
    • (2003)
  • 11
    • 10244265385 scopus 로고    scopus 로고
    • Establishing a scheme for greenhouse gas emission allowance trading within the community
    • European Union
    • European Union (2003) Establishing a scheme for greenhouse gas emission allowance trading within the community. Official Journal of the European Union, pp. 32-46.
    • (2003) Official Journal of the European Union , pp. 32-46
  • 12
    • 0003794652 scopus 로고
    • Statement of financial accounting concepts no. 6: Elements of financial statements
    • Financial Accounting Standards Board (FASB) Norwalk, CT
    • Financial Accounting Standards Board (FASB) (1985) Statement of financial accounting concepts no. 6: Elements of financial statements.Norwalk, CT
    • (1985)
  • 13
    • 57049155316 scopus 로고    scopus 로고
    • Financial Accounting Standards Board (FASB) Norwalk, CT
    • Financial Accounting Standards Board (FASB) (2007) Emission allowances.Norwalk, CT
    • (2007) Emission Allowances
  • 14
    • 33847695679 scopus 로고    scopus 로고
    • Uniformity versus flexibility: Evidence from the pricing of the pension obligation
    • Hann, R. N., Lu, Y. Y. and Subramanyam, K. R. (2007) Uniformity versus flexibility: Evidence from the pricing of the pension obligation. The Accounting Review, 82:1, pp. 107-137.
    • (2007) The Accounting Review , vol.82 , Issue.1 , pp. 107-137
    • Hann, R.N.1    Lu, Y.Y.2    Subramanyam, K.R.3
  • 15
    • 0034336790 scopus 로고    scopus 로고
    • The value relevance of nonfinancial measures of air pollution in the electric utility industry
    • Hughes, K. E. (2000) The value relevance of nonfinancial measures of air pollution in the electric utility industry. The Accounting Review, 75, pp. 209-228.
    • (2000) The Accounting Review , vol.75 , pp. 209-228
    • Hughes, K.E.1
  • 16
    • 0030217190 scopus 로고    scopus 로고
    • The impact of environmental management on firm performance
    • Klassen, R. D. and McLaughlin, C. P. (1996) The impact of environmental management on firm performance. Management Science, 42, pp. 1199-1214.
    • (1996) Management Science , vol.42 , pp. 1199-1214
    • Klassen, R.D.1    McLaughlin, C.P.2
  • 17
    • 0035634411 scopus 로고    scopus 로고
    • Does the market value environmental performance?
    • Konar, S. and Cohen, M. A. (2001) Does the market value environmental performance?. The Review of Economics and Statistics, 82:2, pp. 281-289.
    • (2001) The Review of Economics and Statistics , vol.82 , Issue.2 , pp. 281-289
    • Konar, S.1    Cohen, M.A.2
  • 18
    • 84990338764 scopus 로고    scopus 로고
    • An empirical examination of factors affecting the timing of environmental accounting standard adoption and the impact on corporate valuation
    • Li, Y. and McConomy, B. J. (1999) An empirical examination of factors affecting the timing of environmental accounting standard adoption and the impact on corporate valuation. Journal of Accounting, Auditing and Finance, 14:3, pp. 279-313.
    • (1999) Journal of Accounting, Auditing and Finance , vol.14 , Issue.3 , pp. 279-313
    • Li, Y.1    McConomy, B.J.2
  • 20
    • 4243732761 scopus 로고    scopus 로고
    • Capitalizing and appropriating society's rights to clean air: A comment on Wambsganss & Sanford's accounting proposal
    • Milne, M. J. (1996) Capitalizing and appropriating society's rights to clean air: A comment on Wambsganss & Sanford's accounting proposal. Critical Perspectives on Accounting, 7, pp. 681-695.
    • (1996) Critical Perspectives on Accounting , vol.7 , pp. 681-695
    • Milne, M.J.1
  • 21
    • 57049108024 scopus 로고    scopus 로고
    • Compromise measure aims to limit global warming
    • New York Times (2007) Compromise measure aims to limit global warming.
    • (2007) New York Times
  • 22
    • 84984180909 scopus 로고
    • Earnings, book values, and dividends in equity valuation
    • Ohlson, J. A. (1995) Earnings, book values, and dividends in equity valuation. Contemporary Accounting Research, 11, pp. 661-687.
    • (1995) Contemporary Accounting Research , vol.11 , pp. 661-687
    • Ohlson, J.A.1
  • 24
    • 0001028418 scopus 로고
    • Market response to environmental information produced outside the firm
    • Shane, P. B. and Spicer, B. H. (1983) Market response to environmental information produced outside the firm. The Accounting Review, 3, pp. 521-538.
    • (1983) The Accounting Review , vol.3 , pp. 521-538
    • Shane, P.B.1    Spicer, B.H.2
  • 25
    • 84965770571 scopus 로고
    • An investigation of shareholder wealth effects of environmental regulation
    • Shane, P. B. (1995) An investigation of shareholder wealth effects of environmental regulation. Journal of Accounting, Auditing and Finance, 10, pp. 485-520.
    • (1995) Journal of Accounting, Auditing and Finance , vol.10 , pp. 485-520
    • Shane, P.B.1
  • 26
    • 34948882946 scopus 로고    scopus 로고
    • 2 allowance trading
    • 2 allowance trading. Choices, 20:1, pp. 53-58.
    • (2005) Choices , vol.20 , Issue.1 , pp. 53-58
    • Stavins, R.N.1
  • 27
    • 0000095552 scopus 로고
    • A heteroskedasticity-consistent covariance matrix and a direct test for heteroskedasticity
    • White, H. (1980) A heteroskedasticity-consistent covariance matrix and a direct test for heteroskedasticity. Econometrica, 48:4, pp. 817-838.
    • (1980) Econometrica , vol.48 , Issue.4 , pp. 817-838
    • White, H.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.