Does environmental management system certification keep enterprises out of trouble? Evidence from stock price crash risk.

This paper examines the impact of environmental management system (EMS) certification, a significant voluntary participatory environmental regulation, on the risk of stock price collapse. The study is based on sample data of heavily polluting listed companies from 2008-2020. The study demonstrates t...

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Bibliographic Details
Main Authors: Hongyu Liu, Qin Binbin, Pengliang Qiao
Format: Article
Language:English
Published: Public Library of Science (PLoS) 2024-01-01
Series:PLoS ONE
Online Access:https://doi.org/10.1371/journal.pone.0311740
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