The scientific paper co-authored by Boost Brothers experts, Juho-Kusti Kajander and Matti Sivunen, shows that a positive and statistically significant association exists between sustainability innovation announcements and the market value of companies in the construction sector. This is the first known study to test statistically the connection between sustainability innovations and the market value of companies in the construction sector. The paper was only recently published in Building Research & Information (BRI) journal.
According to the results, sustainability innovation announcements explain an increase of 0.82% in the market capitalization of the studied companies. The results imply that sustainability innovations are relevant to the top management of companies operating in the construction sector regarding business development. In addition, information on sustainability innovations can be useful to stock market investors for assessing the future growth potential of construction companies.
For the publication, visit http://www.tandfonline.com/doi/abs/10.1080/09613218.2012.703893
For more infomation, contact Juho-Kusti Kajander (firstname.lastname@example.org)