Results 11 to 20 of about 14,637 (304)
Do Sustainability Risks Affect Credit Ratings? Evidence from European Banks [PDF]
Amfiteatru Economic, 2022 Targets defined in accordance with Environmental, Social and Governance (ESG) criteria confront the business world, particularly the banking industry, with new challenges.
Reyes Samaniego-Medina +1 more
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SSRN Electronic Journal, 2022 We present a model of competition between ESG raters who acquire information about multiple unrelated categories and sell ratings. Raters specializing in different categories maximizes the amount of information transmitted and surplus, and can be the equilibrium outcome.
Azarmsa, E, Shapiro, J
openaire +2 more sources
South African Journal of Economic and Management Sciences, 2023 Background and aim: The study explores the correlation between environmental, social and governance (ESG) ratings and the extent of corporate tax transparency to investigate whether ESG ratings are indicative of transparent corporate tax practices.
Cara Thiart
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The Journal of Portfolio Management, 2020 Responsible investors require data to underpin their stock and sector selections. Regardless of the rating agency, bond ratings for a particular issuer are broadly similar. This is not the case for ESG ratings. Companies with a high score from one rater often receive a middling or low score from another rater.
Dimson, E, Marsh, P, Staunton, M
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ESG as a Measure of Credit Ratings [PDF]
Risks, 2021 The aim of this study was to examine the impact of environmental, social, and governance (ESG) measures on credit ratings given to non-financial institutions by the largest credit rating agencies according to economic sector divisions. The hypotheses were as follows: a strong negative impact on non-financial institutions’ credit rating changes will ...
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A Sustainability Disclosure Index Using Corporate Sustainability Reports [PDF]
, 2020 Background: There are already many indices such as Bloomberg’s environmental-and-social governance (ESG) ratings and the Dow Jones Sustainability Indices (DSJI), which use proprietary methods to rate companies using private and publicly available ...
Papoutsi, A., Sodhi, M.
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The Economic Impact of ESG Ratings
SSRN Electronic Journal, 2022 This study examines the impact of ESG ratings on fund holdings, stock returns, and firm behavior. First, we show that among five major ESG ratings, only MSCI ESG can explain the holdings of US funds with an ESG mandate. We document that downgrades in the MSCI ESG rating substantially reduce firms' ownership by such funds, while upgrades increase it ...
Berg, Florian +2 more
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WikiRate.org - leveraging collective awareness to understand companies' environmental, social and governance performance [PDF]
, 2016 . WikiRate is a Collective Awareness Platform for Sustainability and Social Innovation (CAPS) project with the aim of \crowdsourcing better companies" through analysis of their Environmental Social and Governance (ESG) performance. Research to inform the
De Paoli, Stefano +8 more
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Assessing the influence of green innovation on ESG ratings: A machine learning approach across developed and emerging economies [PDF]
MABThis study examines the role of Green Innovation in predicting ESG ratings across developed and emerging economies. Among 292 firms, Green R&D Intensity is identified as a key predictor of ESG ratings.
Thomas Archer
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Implied Tail Risk and ESG Ratings
Mathematics, 2021 This paper explores whether the high or low ESG rating of a company is related to the level of its implied tail risk, measured on the basis of derivative data by implied skewness and implied kurtosis.
Jingyan Zhang +2 more
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