Eisenkopf, Jana; Juranek, Steffen; Walz, Uwe - 2021 - This version: December 7, 2021
We investigate the differential effect of the COVID-19 shock to the stock market shock on the share prices of firms with different levels of ESG (Environmental, Social and Governance) scores. Thereby, we analyse whether and to what extent better ESG ratings provided insurance for investors in...