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Importance of ESG factors in sovereign credit ratings
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References

  • 1958The Varimax Criterion for Analytic Rotation in Factor Analysis7,599 cited
  • 1974Little Jiffy, Mark Iv3,418 cited
  • 2020The role of ESG performance during times of financial crisis: Evidence from COVID-19 in China1,686 cited
  • 2020ESG activities and banking performance: International evidence from emerging economies559 cited
  • 2020Does corporate social responsibility reduce financial distress risk?532 cited
  • 2012The EMU sovereign-debt crisis: Fundamentals, expectations and contagion458 cited
  • 2018Sovereign bond yield spreads and sustainability: An empirical analysis of OECD countries191 cited
  • 2022ESG, liquidity, and stock returns186 cited
  • 2017The effect of countries’ ESG ratings on their sovereign borrowing costs162 cited
  • 2021Is Corporate Social Responsibility investing a free lunch? The relationship between ESG, tail risk, and upside potential of stocks before and during the COVID-19 crisis138 cited
  • 2022The power of ESG transparency: The effect of the new SFDR sustainability labels on mutual funds and individual investors136 cited
  • 2019ESG in credit ratings and the impact on financial markets108 cited
  • 2020How does CSR mediate the relationship between culture, religiosity and firm performance?103 cited
  • 2017Sovereign credit rating determinants: A comparison before and after the European debt crisis

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98 cited
  • 2018Sovereign bond spreads and extra-financial performance: An empirical analysis of emerging markets55 cited
  • 2018Incorporating Environmental, Social and Governance (ESG) Factors into Fixed Income Investment54 cited
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    • 2024Supply chain resilience, ESG performance, and corporate growth60 cited
    • 2022ESG scores and target price accuracy: Evidence from sell-side recommendations in BRICS57 cited