Results 241 to 250 of about 3,245 (277)

ESG Rating Divergence: Beauty Is in the Eye of the Beholder

The Journal of Index Investing, 2021
Investments aligned with environmental, social, and governance (ESG) principles are rapidly growing globally. In the exchange traded fund (ETF) industry, this gives rise to the power of ESG rating firms that have the influence to direct capital flows into ETFs tracking the indexes.
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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
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ESG Rating Divergence and Corporate Credit Risk

Academy of Management Proceedings
Purpose The integration of environmental, social and governance (ESG) factors into credit risk assessment has gained prominence among investors and corporations. However, the divergence in ESG ratings across agencies introduces additional uncertainty for corporate credit risk assessment.
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ESG sentiments and divergent ESG scores: suggesting a framework for ESG rating

SN Business & Economics, 2023
Ajithakumari Vijayappan Nair Biju, Snehith Jacob Kodiyatt, P. P. Nithi Krishna, Geetha Sreelekshmi   +3 more
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Aggregate Confusion: The Divergence of ESG Ratings

ESG ratings diverge due to differences in scope, weight, and measurement, with measurement accounting for 56% of the variation. Analysts' perceptions also influence ratings, creating a halo effect. While standardizing firm-level disclosures is beneficial, regulating ESG interpretation may hinder innovation.
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Data Asset Disclosure and ESG Rating Divergence

Advances in Economics, Management and Political Sciences
This study examines whether and how data asset disclosure affects ESG rating divergence. Based on a sample of A-share listed companies in China from 2007 to 2023, this study empirically examines the impact of data asset disclosure on ESG rating divergence using a fixed-effect model and multiple robustness tests.
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Corporate hypocrisy and ESG rating divergence

Corporate Social Responsibility and Environmental Management
AbstractWe draw upon impression management theory and cognitive dissonance theory to examine whether or not corporate hypocrisy triggers substantial environmental, social, and governance (ESG) rating divergence and to further investigate the influence channels of cognitive dissonance and impression management.
Renxiang He, Hongtao Chen, Xiang Zhu
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Multiple Divergences: Board Heterogeneity and ESG Rating Discrepancies

Advances in Economics and Management Research
Under the strategic objectives of “carbon peak and carbon neutrality”, ESG (Environmental, Social, and Governance) ratings, as a core metric for evaluating corporate performance in these areas, have increasingly attracted attention due to their discrepancies.
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Research on the Impact of ESG Rating Divergence on Financial Markets

Advances in Economics, Management and Political Sciences
This study explores the multifaceted impacts of Environmental, Social, and Governance (ESG) rating divergence on financial markets, focusing on both equity and bond markets. Despite the growing importance of ESG criteria in investment decisions, discrepancies in ESG ratingsstemming from varying methodologies, standards, and data qualitypose significant
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ESG Ratings Divergence: Problems and Solutions

T. V. Baibakova, V. S. Epinina, J. M. Azmina, Zh. Jian   +3 more
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