Which factors influence how managers in Germany perceive the threat of climate risks for their companies? Dr Markus Rieger-Fels explores this question in his working paper "Climate risk perceptions of businesses: the role of experience and objective risk factors". His results indicate that previous experience with climate risks has a strong influence on the perceived probability of damaging events. However, company size, industry and local conditions at the site influence companies' expectations to at least the same extent.
The IfM Bonn Working Paper series enables researchers who are working on start-ups, self-employment, family businesses and small and medium-sized enterprises to publish their research results before they appear in a scientific journal.
