原文标题:ESG and Firm’s Default Risk 原文作者:Hao Li, Xuan Zhang, Yang Zhao 发表期刊:Finance Research Letters 一、研究背景 在可持续发展背景下,监管机构和投资者开始对环境、社会和治理(ESG)实施更为严格的要求。ESG表现将对企业的风险管理,尤其是企业的信用风...
参考文献1. Richardson, A.J., & M. Welker, Socially Disclosure: Financial Disclosure and the Costs of Equity Capital Accounting, Organizations and Society, 26(7):597-616.2. Albuquerque, R., Koskinen, Y., & C. Zhang, Corporate Social Responsibility and Firm Risk: Theory and Empirical Eviden...
Albuquerque,R.et al.(2019),“Corporate social responsibility and firm risk:Theory and empirical evidence”,Management Science,65(10):4451-4469. Allen,J.J.(2024),“Can anti-ESG policy protect targeted industries from divestment?”,Department of Economics and Busin...
Furthermore, the disclosure of materiality in the sustainability report can moderate the negative impact of ESG risk on the firm's value. Research Limitation/implication: This research's implications are essential for standard-makers and governments to increase corporate attention to env...
2. Albuquerque, R., Koskinen, Y., & C. Zhang, Corporate Social Responsibility and Firm Risk: Theory and Empirical Evidence, Management Science, 65(10), 4451-4949. 3. Bansal, R., Andrew,W.,& A. Yaron, Socially Responsible Investing in Good and Bad Times, The Review of Financial Studie...
1. Richardson, A.J., & M. Welker, Socially Disclosure: Financial Disclosure and the Costs of Equity Capital Accounting, Organizations and Society, 26(7):597-616. 2. Albuquerque, R., Koskinen, Y., & C. Zhang, Corporate Social Responsibility and Firm Risk: Theory and Empirical Evidence, ...
This study aims to analyze the influence of Environmental, Social and Governance (ESG) disclosure on firm risk. ESG disclosure covers the environmental, so... FA Aritonang,P Harto 被引量: 0发表: 2018年 The Impact of Sovereign Wealth Funds Investment on Firm ESG Reputation Risk reputation risk...
Under theUNsustainable development goals(SDGs), the United States (US) and China have ambitious environmental, social, and governance (ESG) investment plans. However,dichotomyis found in the literature about how rising ESG practices affect firm value (FV). This study examines the linear and nonline...
Firm characteristics andESG performance, (2)Corporate governance and ESGperformance and (3) Financial materiality of ESG disclosure. Additionally, I conducted a meta-analysis in which I used random effects models to compute the effect sizes of each research stream. Finally, research trends and a fu...
[1] Albuquerque, R., Koskinen, Y., Zhang, C., 2018. Corporate social responsibility and firm risk. Management Science (November 16): https://pubsonline.informs.org/doi/10.1287/mnsc.2018.3043. [2] Baker, M., Bergstresser, D., Serafeim, G., Wurgler, J., 2018. Financing the response ...