I have read up on this a little here and there, and in general, extended periods of light exposure create mutations in the cellular structure of some animals/fish as well possible increases in certain chemical production in the body, IE melatonin. I'm by no means an expert on any of this, but a quick google search will most likely show you the studies you are looking for. Most living creatures thrive on a daily cycle of dark/light periods. There are some that live in complete darkness but I don't know of many organisms that live in an area completely exposed to light for a 24 hr period.