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Write the equation depicting the addition of strong acid (H3O+) to a buffer solution of acetic acid (CH3COOH) and NaCH3COO- (sodium acetate)

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Sock price reaction on the day the corporate announces a green projectsLooks at the CAR: abnormal returns on the stock that day = AR- AR= The actual returns-expected returns (to calculate it it's the avg returns on the past ), tells us unanticipated reactions on that event- Cum of AR= CAR- Around an event window: [-5(five days prior),10] generates positive CAR, significant of 0.489, stock prices tend to increase.- It seems positive when announced positive green bondsA stock market positive reaction is only for the certified. Stock investors don't believe the money will be used for that purpose.1st time issuers have statistical significance and not seasonal issuers.Then look at the financial materiality: dans des secteurs douteux, companies that issue bonds, have a positive stock market returns than others.

Log(assets)=size of the company: - difference in means (average) of characteristics companies= statistical significant if hypothesis is equal at 0 and reject at high value Green bond issuers are larger companies on average. They have better ESG rating. For environmental materiality, corporations that issue green bonds are more likely in sectors that have more environmental material issues.

All green bond issuers compared to not issuers after bond issuer. On average, the environmental rating for companies that issue on green bond improves. It happens in the longer term(2+years).Then look at C02 emissions (2 ways to measure absolute GHG emissions or intensities where it is scaled on dollar for example of assets)- (Absolute=mtCO2(larger for larger companies):- Intentieis:mtCO2/valuer des assets: tells you smth about the efficency of the company)Conclusion: for green bonds the GHG intensities go does(- significant) relative to non-emitters so their climate impact improves.Those 2 affirmations are true for certified companies and no impact on certified.

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