Escobar-Saldívar, Luis Jacob; Villarreal-Samaniego, Dacio - In: Risks : open access journal 14 (2026) 1, pp. 1-21
A longstanding debate in finance concerns the impact of social responsibility actions on firms' long-term profitability. This study provides a broad analysis on the relationship between ESG, its components, and stock returns. Using a dataset that spans from December 2014 to December 2023, this...