The rise of ESG rating agencies and management of corporate ESG violations

A Tsang, Y Wang, Y Xiang, L Yu - Journal of Banking & Finance, 2024 - Elsevier
In recent years, firms have increasingly come under scrutiny from environmental, social, and
governance (ESG) rating agencies which systematically assess and publicize ESG-related …

National culture and analysts' forecasting

Y Cao, R Hao, YG Yang - Review of Accounting Studies, 2024 - Springer
We examine how the culture of origin of sell-side financial analysts in the United States
influences their forecasting. We find that analysts from individualistic cultures are more likely …