TY  - JOUR 
AU  - Enríquez-Perales, Sarela
AU  - García Gómez, Conrado Diego
AU  - Díez Esteban, José María
PY  - 2026
SN  - 1544-6123
UR  - https://hdl.handle.net/10259/12257
AB  - This study examines the association between country-level climate vulnerability and firm-level stock return volatility in Europe. Using panel data on 490 listed firms across 17 European countries from 2013 to 2022, we find that firms located in more...
LA  - spa
PB  - Elsevier
KW  - Climate vulnerability
KW  - Climate risk
KW  - Stock return volatility
KW  - Financial constraints
KW  - Equity markets
KW  - Europe
KW  - Cambios climáticos-Aspectos económicos
KW  - Climatic changes-Economic aspects
KW  - Empresas-Finanzas
KW  - Business enterprises-Finance
TI  - Climate vulnerability and market volatility: evidence from European firms
DO  - 10.1016/j.frl.2026.109598
T2  - Finance Research Letters
VL  - 92
M2  - 1
ER  -