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Open Access. Powered by Scholars. Published by Universities.®

2022

Theses and Dissertations

Corporate Finance

American University in Cairo

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The Effect Of Climate Change On Firm Level Costs With Focus On Mena Region, Farah Osama Saieed Dec 2022

The Effect Of Climate Change On Firm Level Costs With Focus On Mena Region, Farah Osama Saieed

Theses and Dissertations

This paper has a main objective of identifying the relationship between environmental factors and climate change on operating costs incurred by firms. This paper also attempts to compare the direction and intensity of the effect on different sectors in order to analyze whether climate change effect differs based on the nature of the business operations. Several papers have previously addressed the relationship between climate change factors ad profits. This literature will add to previous studies by observing the effect on the cost rather than the profits. In addition to providing results that minimize endogeneity, which is found in a large …