This study discusses the effect of environmental, social, and governance (ESG) disclosure
on corporate financial performance. This study uses a sample of non-financial listed …

I show that the returns from sustainable investing are strongly driven by price pressure from
flows towards sustainable funds, causing high realized returns that do not reflect high …

This article examines the pricing of a firm's carbon risk in the corporate bond market.
Contrary to the “carbon risk premium” hypothesis, bonds of more carbon-intensive firms earn …

We examine whether the ESG disclosure is a value driver for sell-side analysts, focusing on
the largest 3000 US listed firms between 2012 and 2020. ESG represents Environmental …

We exploit unexpected corporate data breaches to study the loss and repair of corporate
reputation. Reputation loss decreases equity value and brand value, increases customer …

Using detailed administrative employer-employee matched data and a novel measure that
quantifies the environmental sustainability of different economic activities of Swedish private …

Executive compensation is increasingly being linked to ESG outcomes. This paper
examines whether ESG targets are consistent with shareholder welfare. Using granular …

Many institutional investors publicly commit to some form of responsible investment. This
raises concerns about the credibility of such claims. We use participation in collaborative …

This paper examines the long-term value implications of supply chain ESG performance. We
find that firms with fewer supply chain ESG incidents exhibit higher future stock returns and …

We document the impact of ESG shocks on the stock returns of suppliers and clients of
affected firms. Our empirical analysis of US stocks, along with their global clients and …