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The pitfalls of (non-definitive) Environmental, Social, and Governance scoring methodology
16 references·3 citing·49 second hopsampled
The pitfalls of (non-definitive) Environmental, Social, and Governance scoring methodology (2022)The pitfalls of (non-definitive) Environm…Why is Corporate Virtue in the Eye of The Beholder? The Case of ESG Ratings (2021)Why is Corporate Virtue in th…Sustainable investing with ESG rating uncertainty (2021)Sustainable investing with ES…Proceedings of the 2021 ACM Conference on Fairness, Accountability, and Transparency (2021)Proceedings of the 2021 ACM C…Inside the ESG ratings: (Dis)agreement and performance (2021)Inside the ESG ratings: (Dis)…ESG Rating Disagreement and Stock Returns (2021)ESG Rating Disagreement and S…ESG did not immunize stocks during the COVID‐19 crisis, but investments in intangible assets did (2021)ESG did not immunize stocks d…Does CSR matter in times of crisis? Evidence from the COVID-19 pandemic (2021)Does CSR matter in times of c…Does ESG certification add firm value? (2020)Does ESG certification add fi…Corporate Immunity to the COVID-19 Pandemic (2020)Corporate Immunity to the COV…Responsible Investing: The ESG-Efficient Frontier (2019)Responsible Investing: The ES…Aggregate Confusion: The Divergence of ESG Ratings (2019)Aggregate Confusion: The Dive…Social Capital, Trust, and Firm Performance: The Value of Corporate Social Responsibility during the Financial Crisis (2017)Social Capital, Trust, and Fi…ESG performance and firm value: The moderating role of disclosure (2017)ESG performance and firm valu…ESG and financial performance: aggregated evidence from more than 2000 empirical studies (2015)ESG and financial performance…W(h)ither Ecology? The Triple Bottom Line, the Global Reporting Initiative, and Corporate Sustainability Reporting (2012)W(h)ither Ecology? The Triple…Corporate Sustainability Performance Measurement Systems: A Review and Research Agenda (2011)Corporate Sustainability Perf…How can organizations measure the integration of environmental, social, and governance (ESG) criteria? Validation of an instrument using item response theory to capture workers' perception (2024)How can organizations measure…Which ESG+F dimension matters most to retail investors? An experimental study on financial decisions and future generations (2023)Which ESG+F dimension matters…Vine copula based dependence modeling in sustainable finance (2022)Vine copula based dependence …Partnerships from cannibals with forks: The triple bottom line of 21st‐century business (1998)Cannibals with forks: the triple bottom line of 21st century business (1999)Beyond the business case for corporate sustainability (2002)CSR reporting practices and the quality of disclosure: An empirical analysis (2014)Organized hypocrisy, organizational façades, and sustainability reporting (2015)On the shoulders of giants: undertaking a structured literature review in accounting (2016)A power primer. (1992)On Persistence in Mutual Fund Performance (1997)G*Power 3: A flexible statistical power analysis program for the social, behavioral, and biomedical sciences (2007)Environmental, Social and Governance (ESG) Scores and Financial Performance of Multilatinas: Moderating Effects of Geographic International Diversification and Financial Slack (2019)The Influence of Firm Size on the ESG Score: Corporate Sustainability Ratings Under Review (2019)Firms and social responsibility: A review of ESG and CSR research in corporate finance (2021)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Toward a New Conception of the Environment-Competitiveness Relationship (1995)Econometric Analysis of Cross Section and Panel Data (2001)Do environmental, social, and governance activities improve corporate financial performance? (2018)ESG disclosure and financial performance: Moderating role of ESG investors (2022)Social Capital in the Creation of Human Capital (1988)The Cross-Section of Expected Stock Returns (1992)Bowling alone (2000)Do institutional investors drive corporate social responsibility? International evidence (2018)Aggregate Confusion: The Divergence of ESG Ratings (2022)The Nature of the Firm (1937)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)A Survey of Corporate Governance (1997)How Valuable Is Financial Flexibility when Revenue Stops? Evidence from the COVID-19 Crisis (2020)Resiliency of Environmental and Social Stocks: An Analysis of the Exogenous COVID-19 Market Crash (2020)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Financial Intermediation and Delegated Monitoring (1984)The cost of capital, corporation finance and the theory of investment (2008)ESG and corporate financial performance: the mediating role of green innovation: UK common law versus Germany civil law (2021)Exploring the relationship of ESG score and firm value using cross-lagged panel analyses: case of the Indian energy sector (2021)The impact of government environmental attention on firms’ ESG performance: Evidence from China (2023)Risk, Return, and Equilibrium: Empirical Tests (1973)Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency (1993)Presidential Address: Sustainable Finance and ESG Issues— Value versus Values (2023)The green fog: Environmental rating disagreement and corporate greenwashing (2023)Do Stock Prices Fully Reflect Information in Accruals and Cash Flows About Future Earnings? (1996)Corporate Governance and Equity Prices (2003)Individual and Corporate Social Responsibility (2009)Sustainable investing in equilibrium (2020)Dissecting green returns (2022)Epistemic Cultures (1999)The Drivers of Greenwashing (2011)Corporate social responsibility and access to finance (2013)Environmental, Social, and Governance (ESG) disclosure: A literature review (2022)Stock price reactions to ESG news: the role of ESG ratings and disagreement (2022)The Effects of Mandatory ESG Disclosure Around the World (2024)Common risk factors in the returns on stocks and bonds (1993)
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References

  • 2015ESG and financial performance: aggregated evidence from more than 2000 empirical studies4,715 cited
  • 2017Social Capital, Trust, and Firm Performance: The Value of Corporate Social Responsibility during the Financial Crisis3,754 cited
  • 2019Responsible Investing: The ESG-Efficient Frontier2,100 cited
  • 2017ESG performance and firm value: The moderating role of disclosure1,606 cited
  • 2021Why is Corporate Virtue in the Eye of The Beholder? The Case of ESG Ratings1,571 cited
  • 2020Corporate Immunity to the COVID-19 Pandemic1,480 cited
  • 2021Sustainable investing with ESG rating uncertainty1,340 cited
  • 2012W(h)ither Ecology? The Triple Bottom Line, the Global Reporting Initiative, and Corporate Sustainability Reporting1,193 cited
  • 2021ESG Rating Disagreement and Stock Returns790 cited
  • 2020Does ESG certification add firm value?648 cited
  • 2021Inside the ESG ratings: (Dis)agreement and performance610 cited
  • 2021Does CSR matter in times of crisis? Evidence from the COVID-19 pandemic580 cited
  • 2019Aggregate Confusion: The Divergence of ESG Ratings566 cited
  • 2021Proceedings of the 2021 ACM Conference on Fairness, Accountability, and Transparency541 cited
  • 2011Corporate Sustainability Performance Measurement Systems: A Review and Research Agenda

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481 cited
  • 2021ESG did not immunize stocks during the COVID‐19 crisis, but investments in intangible assets did444 cited
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    • 2024How can organizations measure the integration of environmental, social, and governance (ESG) criteria? Validation of an instrument using item response theory to capture workers' perception38 cited
    • 2023Which ESG+F dimension matters most to retail investors? An experimental study on financial decisions and future generations29 cited
    • 2022Vine copula based dependence modeling in sustainable finance24 cited