Impact of companies’ statements about Their Environmental Actions on stock Prices

Purpose: the purpose of study is to determine specifics impact companies’statements about their perceived environmental actions on stock prices developed and developing exchanges. The contradictory findings corporate announcements low level green production, especially in countries, make this research work relevant.Methods: methodology based event analysis examination some quotations both exchanges.Results: approach business operations, as compared traditional often requires additional financial resources, many companies refuse go green. This paper examines whether market value a company increases after growth its orientation can be used motivation for carry out activities. has shown that greening primarily driven by government policy, while an – desire enter international product capital markets, directions reflect global rather than national priorities. In market, observed only isolated cases positive negative. significance higher, they lead short-term decline exchange prices.Сonclusions Relevance: it concluded seen necessary improve markets’ regulatory information space harmonize interests all participants address issues. results will interest investors, managers, territorial governments, well specialists economy behavioral finance.