In 1975, the U.S.Securities and Exchange Commission(SEC) made Moody's a nationally recognized statistical rating organization (NRSRO), along withStandard & Poor's(now S&P Global), andFitch Ratings. Many financial institutions require that debt issuers have a certain level of credit rating from ...
In 1975, the U.S.Securities and Exchange Commission(SEC) made Moody's a nationally recognized statistical rating organization (NRSRO), along withStandard & Poor's(now S&P Global), andFitch Ratings. Many financial institutions require that debt issuers have a certain level of credit rating from ...
Keywords: ESG; firm value; corporate social responsibility; sustainable development; Korea; environmentally sensitive industries; family-managed business groups; corporate governance 1. Introduction Corporate social responsibility (CSR) is part of a firm's management practice toward the public good, beyond...