Author Archives: Qiping Xu

Sustainability or Greenwashing: Evidence from the Asset Market for Industrial Pollution

By | June 2, 2022

In response to increasing pressures from activists, regulators, and governments, firms are accelerating the divestment of polluting assets. While this trend reflects mounting concerns about climate change, a natural question is how effective these divestments are in reducing pollution. On the one hand, Environmental, Social, and Governance (ESG) supporters can point to successful pressures that… Read More »