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Magazine article
(E&M - 2024/4)
Calcaterra Michele, Colantoni Federico, Sanesi Simone
Financial Markets and Sustainability: How Biodiversity Affects Investment
Biodiversity, widely recognized for its role in environmental sustainability, remains an understudied topic in the context of the stock market. Using a combination of fixed regression models and random forest techniques, the research shows that biodiversity is a significant determinant of stock returns. This finding underscores the financial importance of integrating biodiversity into corporate strategies ...