Escobar-Saldívar, Luis Jacob; Villarreal-Samaniego, Dacio - In: Risks : open access journal 14 (2026) 1, pp. 1-21
. This study provides a broad analysis on the relationship between ESG, its components, and stock returns. Using a dataset … components, and stock returns, a result that is possibly explainable by the mixed effect of a reduction of risk (lower risk … components. The environmental pillar has a stronger influence in Europe, across firm sizes, while in the US, the effect is …