Environment-Induced Systematisation of Economic Risks
Publikation: Beiträge in Sammelwerken › Aufsätze in Sammelwerken › Forschung
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Sustainable banking: the greening of finance. Hrsg. / Jan Jaap Bouma; Marcel Jeucken; Leon Klinkers. Sheffield: Greenleaf Publishing, 2001. S. 268-279.
Publikation: Beiträge in Sammelwerken › Aufsätze in Sammelwerken › Forschung
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RIS
TY - CHAP
T1 - Environment-Induced Systematisation of Economic Risks
AU - Figge, Frank
PY - 2001
Y1 - 2001
N2 - This chapter concentrates on the impact that environmental aspects have on investment risks. These are generally referred to as environment-induced economic risks. It shows the most important factor is not so much the scale of risk or the probability of it occurring, but rather its composition. A risk is always present if the actual yield turns out to be different than the expected return. One of the most important factors in characterising environmental risks is the differentiation of risks according to the decision period and their interdependencies. Individual environmental risks are of only minor interest to investors prepared to take a number of different risks at the same time. As far as environmental problems are concerned, all risks are both vertically and horizontally systematic if they impact on each individual period over a long time-frame, and also if their influence extends to many different sectors and regions.
AB - This chapter concentrates on the impact that environmental aspects have on investment risks. These are generally referred to as environment-induced economic risks. It shows the most important factor is not so much the scale of risk or the probability of it occurring, but rather its composition. A risk is always present if the actual yield turns out to be different than the expected return. One of the most important factors in characterising environmental risks is the differentiation of risks according to the decision period and their interdependencies. Individual environmental risks are of only minor interest to investors prepared to take a number of different risks at the same time. As far as environmental problems are concerned, all risks are both vertically and horizontally systematic if they impact on each individual period over a long time-frame, and also if their influence extends to many different sectors and regions.
KW - Sustainability sciences, Management & Economics
KW - Umweltbezogenes Management
KW - Bankpolitik
KW - Risiko
KW - Unternehmen
UR - https://www.mendeley.com/catalogue/99b37143-944b-3dd2-bac7-df336d15d8e2/
U2 - 10.4324/9781351282406-25
DO - 10.4324/9781351282406-25
M3 - Contributions to collected editions/anthologies
SN - 1874719381
SN - 978-1874719380
SP - 268
EP - 279
BT - Sustainable banking
A2 - Bouma, Jan Jaap
A2 - Jeucken, Marcel
A2 - Klinkers, Leon
PB - Greenleaf Publishing
CY - Sheffield
ER -