Firms and social responsibility: A review of ESG and CSR research in corporate finance

SL Gillan, A Koch, LT Starks - Journal of Corporate Finance, 2021 - Elsevier
We review the financial economics-based research on Environmental, Social, and
Governance (ESG) and Corporate Social Responsibility (CSR) with an emphasis on …

ESG and socially responsible investment: A critical review

B Gerard - Beta, 2019 - idunn.no
We review the literature on ESG and Socially Responsible Investment with a special focus
on fixed-income investments. Most of the academic research is focused on the link between …

The importance of climate risks for institutional investors

P Krueger, Z Sautner, LT Starks - The Review of financial studies, 2020 - academic.oup.com
According to our survey about climate risk perceptions, institutional investors believe climate
risks have financial implications for their portfolio firms and that these risks, particularly …

The big three and corporate carbon emissions around the world

J Azar, M Duro, I Kadach, G Ormazabal - Journal of Financial Economics, 2021 - Elsevier
This paper examines the role of the “Big Three”(ie, BlackRock, Vanguard, and State Street
Global Advisors) on the reduction of corporate carbon emissions around the world. Using …

ESG performance and stock prices: evidence from the COVID-19 outbreak in China

Z Li, L Feng, Z Pan, HM Sohail - Humanities and Social Sciences …, 2022 - nature.com
This paper investigates the role of environmental, social, and governance (ESG)
performance in stock prices during the market financial crisis caused by the COVID-19 …

Capital market opening and green innovation——Evidence from Shanghai-Hong Kong stock connect and the Shenzhen-Hong Kong stock connect

Y Sha, P Zhang, Y Wang, Y Xu - Energy Economics, 2022 - Elsevier
We investigate the effect of the capital market opening on green innovation. Using the
Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect as a quasi …

ESG performance and stock price volatility in public health crisis: Evidence from COVID-19 pandemic

D Zhou, R Zhou - International Journal of Environmental Research and …, 2021 - mdpi.com
Unlike traditional financial crises, COVID-19 is a global public health crisis with a significant
negative impact on the global economy. Meanwhile, the stock market has been hit hard, and …

Institutional ownership and greenhouse gas emissions: A comparative study of the UK and the USA

M Benlemlih, M Arif, M Nadeem - British Journal of …, 2023 - Wiley Online Library
Motivated by the growing attention on climate change and the ethical role that board
characteristics and ownership may play in reducing greenhouse gas (GHG) emissions, this …

Socially responsible investing in good and bad times

R Bansal, D Wu, A Yaron - The Review of Financial Studies, 2022 - academic.oup.com
We investigate the time variability of abnormal returns from socially responsible investing
(SRI). Using portfolio regressions and event studies on multiple data sources, including …

Does corporate financial performance promote ESG: Evidence from US firms

K Hamdi, H Guenich, M Ben Saada - Cogent Business & …, 2022 - Taylor & Francis
Abstract Studying Corporate Environmental, Social and Governance responsibility (ESG)
and its consequences remain a topical concern of the company's stakeholders including …