Does sustainability generate better financial performance? review, meta-analysis, and propositions

U Atz, T Van Holt, ZZ Liu, CC Bruno - Journal of Sustainable …, 2023 - Taylor & Francis
Sustainability in business and ESG (environmental, social, and governance) in finance have
exploded in popularity among researchers and practitioners. We surveyed 1,141 primary …

ESG maturity: A software framework for the challenges of ESG data in investment

CA Cruz, F Matos - Sustainability, 2023 - mdpi.com
Given the rising demand for more transparent, consistent, and comprehensive non-financial
information in investment, there is a need to provide more reliable, meaningful, and …

[HTML][HTML] Impact of ESG performance on firm value and profitability

M Aydoğmuş, G Gülay, K Ergun - Borsa Istanbul Review, 2022 - Elsevier
In this study, we examine impact of Environment, Social, Governance (ESG) performance on
firm value and profitability. Our large dataset gives us the chance to better conceptualize this …

Exploring social origins in the construction of ESG measures

RG Eccles, JC Stroehle - Available at SSRN 3212685, 2018 - papers.ssrn.com
As both demand and supply for information about companies' sustainability performance
continues to grow, many investors complain that the ESG data universe is getting too …

Banks and environmental, social and governance drivers: Follow the market or the authorities?

M La Torre, S Leo, IC Panetta - Corporate Social Responsibility …, 2021 - Wiley Online Library
This paper goes beyond the relationship between a bank ESG performance (ESGP) and
corporate financial performance (CFP). Here, the link between ESG factors and financial …

“Sell” recommendations by analysts in response to business communication strategies concerning the Sustainable Development Goals and the SDG compass

IM Garcia-Sanchez, B Aibar-Guzmán… - Journal of Cleaner …, 2020 - Elsevier
This paper has two main aims: firstly, to examine the effect of pessimistic (sell)
recommendations made by analysts to investors on the implementation of business …

Risk modelling of ESG (environmental, social, and governance), healthcare, and financial sectors

SM Chaudhry, XH Chen, R Ahmed, MA Nasir - Risk Analysis, 2023 - Wiley Online Library
Climate change poses enormous ecological, socio‐economic, health, and financial
challenges. A novel extreme value theory is employed in this study to model the risk to …

CSR structures: Evidence, drivers, and firm value implications

K Bouslah, A Hmaittane, L Kryzanowski… - Journal of Business …, 2023 - Springer
This paper investigates the corporate social responsibility (CSR) structures of US listed
firms. We find evidence of a general tendency towards CSR specialization with almost three …

The corporate social responsibility price premium as an enabler of substantive CSR

L Nardi - Academy of Management Review, 2022 - journals.aom.org
Research on corporate social responsibility (CSR) has investigated the determinants of
firms' choices to engage in substantive, as opposed to merely symbolic, CSR. However …

[HTML][HTML] When attention to climate change matters: The impact of climate risk disclosure on firm market value

R Vestrelli, AF Colladon, AL Pisello - Energy Policy, 2024 - Elsevier
Concerns about climate change and its potential economic impact have prompted
policymakers and institutions to introduce standards and principles to encourage the …