DIKUL - logo
Narodna in univerzitetna knjižnica, Ljubljana (NUK)
Naročanje gradiva za izposojo na dom
Naročanje gradiva za izposojo v čitalnice
Naročanje kopij člankov
Urnik dostave gradiva z oznako DS v signaturi
  • Climate risk and firm financial performance [Elektronski vir] : the case of Slovenia
    Ćirjaković, Jelena ; Sokolovska, Iskra
    This paper explores how climate transition risk relates to firm financial performance and the cost of financing, using firm-level data in Slovenia for the 2014–2021 period. The effect of climate ... transition risk as a driver of financial performance is expected to in-crease in the forthcoming energy transition. Our results show that there is a negative effect of emissions and emission intensity on profit ratios, though the overall magnitude is small. The results also show that there are some segments that have so far been shielded from these effects. This is due to confounding factors such as market power or productivity. Finally, we find that climate transition risk were not priced into firms’ financing costs in the 2014–2021 period, as the spread on newly approved loans for high-emitters was not higher than the spread for low emitters. The results show that firms may already have an incentive to decarbonise today, as climate risk affects finan-cial performance negatively. Tighter financing conditions for high-emitters may in-crease the risks for these firms in the green transition.
    Vrsta gradiva - e-knjiga ; neleposlovje za odrasle
    Izdaja - Electronic ed.
    Založništvo in izdelava - Ljubljana : Banka Slovenije, 2024
    Jezik - angleški
    ISBN - 978-961-7230-07-9
    COBISS.SI-ID - 215415043