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Insurance companies' responses to climate change : adaptation, dynamic capabilities and competitive advantage

Recurso electrónico / Electronic resource
Registro MARC
Tag12Valor
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001  MAP20150035288
003  MAP
005  20151027132456.0
008  151026e20151005esp|||p |0|||b|spa d
040  ‎$a‎MAP‎$b‎spa‎$d‎MAP
084  ‎$a‎20
24500‎$a‎Insurance companies' responses to climate change‎$b‎: adaptation, dynamic capabilities and competitive advantage‎$c‎Kristin Stechemesser... [et al.]
520  ‎$a‎Drawing on the dynamic capability view, we analyse how insurers adapt to climate change impacts and how adaptation relates to corporate financial performance. Based on a comprehensive literature review, we deduce seven categories of adaptation measures associated with three dynamic capability dimensions of climate change adaptation (i.e. climate knowledge absorption, climate-related operational flexibility and strategic climate integration). Using this framework, we conduct a content analysis of insurers' adaptation efforts as reported to the Carbon Disclosure Project. Regression analysis reveals positive relationships between climate knowledge absorption and return on assets (ROA), climate-related operational flexibility and ROA, and between the total number of adaptation measures and ROA
650 4‎$0‎MAPA20080590567‎$a‎Empresas de seguros
650 4‎$0‎MAPA20080574932‎$a‎Cambio climático
650 4‎$0‎MAPA20080595951‎$a‎Dinámica empresarial
650 4‎$0‎MAPA20080600877‎$a‎Desarrollo sostenible
650 4‎$0‎MAPA20080624804‎$a‎Protección del medio ambiente
7001 ‎$0‎MAPA20150018427‎$a‎Stechemesser, Kristin
7730 ‎$w‎MAP20077100215‎$t‎Geneva papers on risk and insurance : issues and practice‎$d‎Geneva : The Geneva Association, 1976-‎$x‎1018-5895‎$g‎05/10/2015 Volumen 40 Número 4 - octubre 2015 , p. 557-584