Results 231 to 240 of about 702,692 (301)

Does ESG rating divergence affect the cost of corporate debt?

Accounting & Finance
Drawing on a sample of Chinese listed firms, we find that environmental, social, and governance (ESG) rating divergence increases the cost of debt through increased information asymmetry and corporate risks, particularly for non‐state‐owned enterprises ...
Xinyue Zhang, Yuan George Shan, Yuming Zhang, Chao Xing   +3 more
semanticscholar   +1 more source

Corporate ESG Washing and ESG Rating Divergence: Evidence From China

Business Strategy and the Environment
Corporate environmental, social and governance (ESG) performance has drawn much attention. This study examines the effects of corporate strategic ESG disclosure behaviour. Specifically, we test the impact of corporate ESG washing on the divergence of ESG
Hanwen Chen, Siyi Liu, Di Zhang, Lei Zhang   +3 more
semanticscholar   +1 more source

Corporate ESG rating divergence and excess stock returns

Energy Economics
Haijun Wang, Guanglin Sun
exaly   +2 more sources

Sustainability Uncertainty and Digital Transformation: Evidence from Corporate ESG Rating Divergence in China

Sustainability
ESG serves as a key metric for measuring corporate sustainability, but divergence among rating agencies has led to uncertainty in such an assessment.
Xiaoya Chen, Yue Song, Xueqin Hu, Guangfan Sun   +3 more
semanticscholar   +1 more source

ESG Rating Disagreement and Sustainability Reporting: The Role of Reporting Standards and Assurance Practices

Corporate Social Responsibility and Environmental Management
Though environmental, social, and governance (ESG) ratings have the common ambition of measuring companies' sustainability‐related risks, their usefulness is undermined by the issue of disagreement among diverse ESG ratings. Among the determinants of ESG
M. Arena, G. Azzone, G. Piantoni, B. I. Tabarelli De Fatis, M. Wang   +4 more
semanticscholar   +1 more source

ESG rating divergence and corporate disclosure strategies: evidence from performance forecasts

Applied Economics
The rapid proliferation of ESG rating agencies has intensified divergence in ESG assessments. Utilizing a dataset of Chinese A-share listed firms from 2007 to 2022 sourced from the CSMAR database, this study investigates the impact of these divergences ...
J. Long, Qiankun Wang, Tingwen Liu
semanticscholar   +1 more source

ESG Rating Divergence

Advances in Economics, Management and Political Sciences
ESG rating is a key link in the development of ESG, while the current global ESG rating agencies are numerous in number, with very different backgrounds and large rating divergences, and it is still difficult to generate a consensus on the rating of the same subject. This paper examines the impact and causes of ESG divergence in detail.
Yuxin Shi, Tong Wang, Zijian Huang, Tianyu Peng   +3 more
openaire   +1 more source

A study on the impact of ESG rating on green technology innovation in enterprises: An empirical study based on informal environmental governance.

Journal of Environmental Management
Improving corporate green technology innovation is a key link in achieving green transformation and development. Compared with formal environmental regulations that force companies to carry out green innovation passively, ESG ratings under soft ...
Shuai Wang, Ya-Chung Chang
semanticscholar   +1 more source

Does ESG Report Tone Influence ESG Rating Divergence? Evidence From China

Journal of International Financial Management & Accounting
Tone, as a key linguistic feature of corporate narrative disclosures, plays a crucial role in shaping information users' evaluation of firm performance.
Yan Luo, Xinyue Zhang, Ruiqian Li
semanticscholar   +1 more source

ESG rating divergence and financing constraints: Evidence from China.

Journal of Environmental Management
In the context of the escalating global environmental, social, and governance (ESG) risks, ESG performance has increasingly become a crucial reference for companies when formulating business strategies.
Jiahua Zhao, Minglin Wang, Saisai Hong, Si Tan   +3 more
semanticscholar   +1 more source