Showing 1 - 10 of 242
This study investigates the growing importance of sustainability in financial markets by estimating the extent of capitalisation of companies' commitment to sustainability on their market value. The spreading concern for social and environmental issues, and especially for the material risks of...
Persistent link: https://www.econbiz.de/10011862953
Persistent link: https://www.econbiz.de/10014338766
Persistent link: https://www.econbiz.de/10012817208
Persistent link: https://www.econbiz.de/10015359395
identified suitable criteria are the so called "ESG" criteria, increasingly recommended in the context of Sustainable Finance and … individual E-S-G criteria and on their possible combinations (ES-EG-SG-ESG), through multidimensional matrixes of each goal … altogether. As mentioned in this paper, further analysis by the author leads to develop, according to this ESG simplified …
Persistent link: https://www.econbiz.de/10014391219
Persistent link: https://www.econbiz.de/10013330902
We model investors that take into account the amount of public good that firms produce (e.g., by reducing carbon emissions) when making their portfolio allocation. In an equilibrium asset pricing model with production and public goods provision, we find that environmentally conscious investors...
Persistent link: https://www.econbiz.de/10014456380
covering the issuance of 430 corporate and sovereign Environmental, Social, and Governance (ESG) bonds in Latin America and the … Caribbean (LAC) that are outstanding in international markets. The goal was to investigate how the creation of a sovereign ESG … reference yield curve can boost the private ESG bond market. Using a difference-in-differences (DID) approach, we empirically …
Persistent link: https://www.econbiz.de/10014529872
Persistent link: https://www.econbiz.de/10015083588
Persistent link: https://www.econbiz.de/10009377815