Vuong, Ngoc Bao; Suzuki, Yoshihisa - In: East Asian Economic Review (EAER) 25 (2021) 2, pp. 125-150
The paper investigates investor sentiment's role in boosting Japanese companies to enhance their environmental, social, and corporate governance (ESG) performance. Using ESG scores of 367 firms between 2005 and 2019 from the ASSET4 database, we find that negative sentiment in the previous year,...