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According to efficient market theory, all publicly available information is reflected in asset prices. In its semi-strong form, fundamental analysis cannot be used as a method to generate an abnormal return. Implying that abnormal return can only be achieved by incurring a higher level of risk. Joel Greenblatt (2006) shows that by applying simple fundamental analysis and ranking companies based on
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In recent years, more than 2000 jurisdictions worldwide have declared a climate emergency, which covers over 1 billion people. While such declarations have been found to have the potential to spark transformative climate action, the scholarly knowledge of this emerging phenomenon remains limited and there is much disagreement about the merits and effects of climate emergency framings. Moreover, no
