Al Industry Divestment
Nippon Steel to Divest Stake in Alabama Rolling Mill
Under an agreement announced Monday, ArcelorMittal would pay a nominal US$1 to Nippon Steel, plus receive cash and partner loan forgiveness in an amount estimated to be …
Market reaction to fossil fuel divestment announcements: …
The authors reason that the divestment outflows will have a very limited effect on the equity valuations of fossil fuel companies because of the massive market capitalizations of the fossil fuel companies ($212 trillion according to Roxburgh et al., 2011) and the fact that the divestment outflows will be compensated by inflows from investors ...
divesting interest in Alabama subsidiary SMART …
Motor Company said it will be divesting ownership in its majority-owned subsidiary SMART Alabama LLC, which operates an Alabama auto-manufacturing plant, after …
Alabama auto industry's rapid growth fueled by …
In Alabama, the industry is making major moves to capitalize on the evolution toward EVs. It's starting with Mercedes, which is steering Alabama into the future once again thanks to a $1 billion investment to launch EV production .
Fossil Fuel Divestment Strategies: Financial and Carbon …
In contrast to other SRI strategies, divestment is a pure exclusionary strategy, rejecting investments in stocks that are connected with controversial political regimes, such as the South-African apartheid regime (Kaempfer et al., 1987), or belong to a controversial sector, such as the fossil fuel industry. Hence, fossil fuel divestment ...
Measurement and Effects of Bank Exit Policies
cardo et al.(2022) argue that divestment policies are relatively ineffective because capital is easily substitutable, while in contrast activism or voting strategies can be more effective.4 ... argues that tilting strategies may be more impactful than blanket industry divestment.
References – Tufts University Prison Divestment
University Divestment Movements. Apartheid Divestment Campaigns. Michigan State University; Stanford University; Berkeley College and the UC System; Contemporary Divestment Campaigns; Tufts Divestment. The Growing PIC Industry; Tufts Divestment Movement; Strategic Plan
Gulf Pharmaceutical Industries Julphar announces divestment …
Gulf Pharmaceutical Industries PJSC (Julphar), one of the largest pharmaceutical manufacturers in the Middle East and Africa, announces the divestment of Zahrat Al Rawdah Pharmacies LLC to BinDawood Holding (ticker 4161), a leading Saudi listed retail conglomerate operating Danube and BinDawood grocery stores, for a total cash consideration of ...
New projections for Alabama aluminum plant: …
An aluminum manufacturing plant under construction in North Baldwin County is rivaling the most expensive projects in Alabama history after Novelis announced earlier this month that project costs...
Divestment and Sustainable Development | SpringerLink
Divestment has multiple meanings. From a business perspective, divestment creates opportunity through elimination of business operations, such as the closing or sell-off of units in foreign locations. Divestment in this manner has allowed firms to focus on core operations and strategically focus on growth.
divestment
The divestment by the banks of a number of industrial equity stakes and subsidiaries. La cesión por los bancos de una serie de participaciones industriales y filiales. They include capital injections, support for the divestment of impaired assets, and guarantees.
'Divest from Israel': Decoding the Gaza protest call shaking …
The demand for divestment is not new in the movement against Israel's occupation of Palestine. In fact, divestment is central to the Boycott, Divestment and Sanctions (BDS) movement, an ...
Elevating the Role of Divestment in Socially Responsible Investing
The divest movement has focused attention on strategic and ethical differences in the practice of socially responsible investing (SRI) and highlighted an unnecessary bifurcation of best-of-class engagement and divestment. Although best-of-class engagement is favored as a contemporary and pragmatic approach, this paper calls for a more pronounced recognition of …
Ethics and Banking: Do Banks Divest Their Kind?
A growing group of institutional investors use divestment strategically to deter misconducts that are harmful for the climate and society. Based on Kantian ethics, we propose that divestment represents investors' universal and absolute moral commitment to socially responsible investing (SRI). Following categorical and hypothetical imperatives and reciprocity …
Julphar announces divestment from Zahrat Al Rawdah
Gulf Pharmaceutical Industries (Julphar) has announced its divestment from Zahrat Al Rawdah Pharmacies, which will be taken over by BinDawood Holding for a total cash consideration of SR444.1 ...
Global market integration, efficiency orientation, and …
The expanding literature on foreign divestment has given surprisingly little attention to changes in the global environment in the industries in which MNCs operate, and the related strategic orientation of MNCs (Benito, 2005).Prior literature has noted that in a number of industries, such as electronics and textiles, global liberalization and the associated falling trade …
Divestment: Does it work or just feel good? | Al Jazeera …
Divestment is a protest tactic used to object to a country's policies, a corporation's practices or an entire industry through economic leverage. People, organizations and institutions sell shares in companies they don't morally agree with and encourage others to do the same.
plans to divest Alabama unit following child labor …
NEW YORK -- South Korean automaker Motor Co. on Friday told shareholders that it would divest its controlling stake in a major Alabama auto parts plant …
A systematic review of the literature on industrial divestment
The purpose of this paper is to review the existing research on industrial divestment in order to identify the reasons for it, the process whereby it is achieved, and the outcomes of industrial sell-offs and closures. The study reports the main findings that have gained acceptance in the literature, gaps in the research and potential directions ...
The effectiveness of divestment strategies | Blog post
Divesting starves these industries of capital, the argument goes, preventing them from creating further harm. Accordingly, practitioners and the public hold investors accountable for their holdings of brown firms and call for them to commit to their divestment. But divestment does not actually deprive a company of capital.
Fossil Fuel Divestment Strategies: Financial and Carbon …
This can be explained by the market pricing the risk of stranded assets and increasing climate change–related regulations, such as cap-and-trade mechanisms as systematic risks for the fossil fuel industry (Ansar et al., 2014; Battiston, Mandel, Monasterolo, Schuetze, & Visentin, 2017; Rubin, 2016). Consequently, being a member of the fossil ...
Global market integration, efficiency orientation, and drivers …
The expanding literature on foreign divestment has given surprisingly little attention to changes in the global environment in the industries in which MNCs operate, and the related strategic orientation of MNCs (Benito, 2005). Prior literature has noted that in a number of industries, such as electronics and textiles, global liberalization and the associated falling trade …
Fossil Fuel Industry Divestment and the Energy Transition: …
II. The international normative framework for responsible divestment and just transition. Two of the most authoritative international normative standards on business and human rights—the OECD Guidelines for Multinational Enterprises on Responsible Business Conduct (OECD Guidelines) Footnote 8 and the UN Guiding Principles on Business and Human Rights …
Cenomi Retail agrees sale of 18 brands to Al-Othaim, …
Cenomi Retail, Saudi Arabia's pioneering retail brand partner, has signed a share purchase agreement on 6 December 2023 for the acquisition by Abdullah Al-Othaim Fashion Company, a fully owned subsidiary of Abdullah Al-Othaim Investment Company, of of the share capital of Innovative Outfit Trading Company, a subsidiary of Cenomi Retail, that will …
Divestment: What it is, How it works, and Examples
Divestment is the process by which a company sells off assets, subsidiaries, or divisions to streamline operations and enhance overall value. This strategic move helps companies focus on core business areas, improve financial performance, and adapt to changing market conditions.Divestments can take various forms, including spinoffs, equity carve-outs, …
Retailers' foreign market exits over time: A strategic …
Previous literature has highlighted that market exits are often parts of divestment "periods" (Mohr et al., 2018), "cycles" (Kafourous et al., 2022) or "epochs" (Bell et al., 2001) of an MNC, but most studies on foreign divestment investigate single incidents of foreign market exits and do not consider the overarching, long-term divestment behavior (see the literature reviews …
Foreign Divestment – Crisis or Chance for China's …
and Poelhekke (2017) and Mohr et al. (2020). In both studies, the focus was on how divestment affected the overall performance of the affiliate, where performance was measured as output, productivity, and exports. However, neither of these studies considered the special case of innovation.4 Using Chinese data, Bao et al. (2020) looked
Fossil fuel divestment and climate change: Reviewing contested
Divestment combines the scientific evidence on climate change with the moral argument that the "fossil fuel industry's business model is greatly inconsistent with keeping climate change below disastrous levels" [7, 8].Some attribute nearly two-thirds of historical carbon dioxide and methane emissions to 90 entities, which include the major fossil fuel producers [9].
The financial impact of fossil fuel divestment
shaping transformative change, it is crucial to account for their role in this respect as well (Crona et al., 2018; Steffen et al., 2018). Some studies find that divesting from the production of ...
Asset Divestment as a Response to Media Attacks in Stigmatized Industries
In stigmatized industries characterized by social contestation, hostile audiences, and distancing between industry insiders and outsiders, firms facing media attacks follow different strategies ...
Ahlstrom Completes Mill Divestment | Nonwovens Industry
Ahlstrom has completed the divestment of its Aspa pulp mill to Sweden Timber. The transaction was announced on October 14, 2024. The transaction was announced on October 14, 2024. Sweden Timber is a Swedish-owned company that produces wood, paper, and wood composite products for a global market.
The Divestment Investment
One such way is divestment, which in its simplest terms, is the selling of stocks and/or bonds in previously invested assets – the exact opposite of investment. As experts in energy comparison, we thought we'd take a look at the changing landscape of the fossil fuel industry through divestment.
Divestment: Motives and Gains
Montgomery et al. reported that the stock market tended to respond favorably to corporate divestments, but noted important differences across the sample: firms which explicitly linked divestments to corporate strategy were revalued positively by the market, while firms undertaking divestment in a tactical or piecemeal fashion were penalized.
IFDI, OFDI, and divestment: a global level analysis
IFDI, OFDI, and divestment: Following Zhu et al. (), we have constructed the dependent variables.Instead of using entry and exit, we have used IFDI and OFDI.IFDI and OFDI are bivariate entries.IFDI is the net inflow of FDI from country j to country i in the year t, and OFDI is the net outflow of FDI from country i to country j. Both take the value 1 if they exhibit a …
Full article: Fossil fuel divestment and public climate change …
First and foremost, divestment signals that fossil fuel companies are engaged in an illogical and even potentially immoral enterprise (Mangat et al. Citation 2018). Thus, divestment from fossil fuel companies might have a stigmatizing impact whereby the public is less likely to view fossil fuel companies favorably since they are negatively ...
As states divest from ESG, Alabama is not leading, …
While Alabama's situation is not as clear cut as West ia, it is still important, and taxpayers should care. Alabama should be concerned about BlackRock and private banks making investment and loan decisions based on …
Divestment: Definition, Meaning, Purpose, Types, and …
Divestment can result from a corporate optimization strategy or be driven by extraneous circumstances, such as when investments are reduced and firms withdraw from a particular geographic region ...