Market Responses to Environmental Disclosures

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Companies are under increasing pressure to disclose sustainability efforts. Professor Tom Lyon looks at how the markets respond.

Companies are under increasing pressure to disclose sustainability efforts and results, both from shareholders and regulators. But how does the market respond? Michigan Ross Professor Tom Lyon, in this Conference Board Director Note, shows market rewards and penalties aren't always cut and dried for superior environmental performance, while poor performance is usually penalized. Read more to find out why.

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