Sebastian Utz (University of Augsburg)

Giovedì, 16 maggio - ore 14:00 - Sala seminari II piano (DEM)

Abstract

This empirical paper presents a model to measure a greenwashing indicator on firm-level for a European sample of publicly listed firms. The greenwashing indicator values represent the risk of greenwashing per company-year and are calculated based on the difference between the real green performance of a company and its green apparent performance. The quality of the calibrated models are assessed in out-of-sample analyses.