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The impact of ESG rating disagreement on corporate value
16 references·5 citing·41 second hop
The impact of ESG rating disagreement on corporate value (2023)The impact of ESG rating disagreement on …Why is Corporate Virtue in the Eye of The Beholder? The Case of ESG Ratings (2021)Why is Corporate Virtue in th…Aggregate Confusion: The Divergence of ESG Ratings (2019)Aggregate Confusion: The Dive…Why and How Investors Use ESG Information: Evidence from a Global Survey (2017)Why and How Investors Use ESG…Do ratings of firms converge? Implications for managers, investors and strategy researchers (2015)Do ratings of firms converge?…Do Institutional Investors Drive Corporate Social Responsibility? International Evidence (2015)Do Institutional Investors Dr…Board Gender Diversity and Corporate Response to Sustainability Initiatives: Evidence from the Carbon Disclosure Project (2015)Board Gender Diversity and Co…Active Ownership (2015)Active OwnershipCorporate Social Responsibility and Shareholder Reaction: The Environmental Awareness of Investors (2012)Corporate Social Responsibili…Voluntary Nonfinancial Disclosure and the Cost of Equity Capital: The Initiation of Corporate Social Responsibility Reporting (2010)Voluntary Nonfinancial Disclo…Retail Investor Sentiment and Return Comovements (2006)Retail Investor Sentiment and…The Relationship Between Corporate Philanthropy And Shareholder Wealth: A Risk Management Perspective (2005)The Relationship Between Corp…Differences of Opinion and the Cross Section of Stock Returns (2002)Differences of Opinion and th…Corporate Disclosure Policy and Analyst Behavior. (1996)Corporate Disclosure Policy a…Disclosure, Liquidity, and the Cost of Capital (1991)Disclosure, Liquidity, and th…On the Impossibility of Informationally Efficient Markets (1980)On the Impossibility of Infor…RISK, UNCERTAINTY, AND DIVERGENCE OF OPINION (1977)RISK, UNCERTAINTY, AND DIVERG…Does ESG rating divergence affect the cost of corporate debt? (2025)Does ESG rating divergence af…The Impact of ESG Criteria on Firm Value: A Strategic Analysis of the Airline Industry (2024)The Impact of ESG Criteria on…The effect of ESG divergence on the financial performance of Hong Kong-listed firms: An artificial neural network approach (2024)The effect of ESG divergence …ESG uncertainty, investor attention and stock price crash risk in China: evidence from PVAR model analysis (2024)ESG uncertainty, investor att…ESG and Financial Performance of China Firms: The Mediating Role of Export Share and Moderating Role of Carbon Intensity (2024)ESG and Financial Performance…Specification Tests in Econometrics (1978)Cross-Sectional Determinants of Analyst Ratings of Corporate Disclosures (1993)Why Firms Voluntarily Disclose Bad News (1994)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)Risk, Return, and Equilibrium: Empirical Tests (1973)The Pricing of Options and Corporate Liabilities (1973)The Cross‐Section of Volatility and Expected Returns (2006)All That Glitters: The Effect of Attention and News on the Buying Behavior of Individual and Institutional Investors (2007)Firm Resources and Sustained Competitive Advantage (1991)Firm resources and sustained competitive advantage (2004)Corporate Social Responsibility, Customer Satisfaction, and Market Value (2006)Strategic management a stakeholder approach (2010)What We Know and Don’t Know About Corporate Social Responsibility (2012)The Impact of Corporate Sustainability on Organizational Processes and Performance (2014)The Cross-Section of Expected Stock Returns (1992)Common risk factors in the returns on stocks and bonds (1993)On Persistence in Mutual Fund Performance (1997)Illiquidity and stock returns: cross-section and time-series effects (2002)Measuring Uncertainty (2015)A Simple Model of Capital Market Equilibrium with Incomplete Information (1987)The theory and practice of corporate finance: evidence from the field (2001)The economic implications of corporate financial reporting (2005)The Importance of Climate Risks for Institutional Investors (2019)Corporate financing and investment decisions when firms have information that investors do not have (1984)Large Shareholders and Corporate Control (1986)Does Corporate Social Responsibility Affect the Cost of Capital? (2010)Corporate social responsibility and access to finance (2013)Social Capital, Trust, and Firm Performance: The Value of Corporate Social Responsibility during the Financial Crisis (2016)Exit, Voice and Loyalty: Responses to Decline in Firms, Organizations, and States. (1970)Legal Determinants of External Finance (1997)Law and Finance (1998)Firms and social responsibility: A review of ESG and CSR research in corporate finance (2021)Intraclass correlations: Uses in assessing rater reliability. (1979)No Contagion, Only Interdependence: Measuring Stock Market Comovements (2002)Corporate Green Bonds (2018)Content Analysis: An Introduction to Its Methodology (2019)Sustainable investing in equilibrium (2020)Noise Trader Risk in Financial Markets (1990)Efficient Capital Markets: II (1991)Investor Psychology and Security Market Under‐ and Overreactions (1998)
this work references cited by second hop

References

  • 1980On the Impossibility of Informationally Efficient Markets5,122 cited
  • 2010Voluntary Nonfinancial Disclosure and the Cost of Equity Capital: The Initiation of Corporate Social Responsibility Reporting4,399 cited
  • 2019Aggregate Confusion: The Divergence of ESG Ratings4,251 cited
  • 1991Disclosure, Liquidity, and the Cost of Capital3,828 cited
  • 1977RISK, UNCERTAINTY, AND DIVERGENCE OF OPINION3,714 cited
  • 2005The Relationship Between Corporate Philanthropy And Shareholder Wealth: A Risk Management Perspective2,836 cited
  • 1996Corporate Disclosure Policy and Analyst Behavior.2,743 cited
  • 2015Do Institutional Investors Drive Corporate Social Responsibility? International Evidence2,557 cited
  • 2002Differences of Opinion and the Cross Section of Stock Returns2,145 cited
  • 2017Why and How Investors Use ESG Information: Evidence from a Global Survey1,758 cited
  • 2012Corporate Social Responsibility and Shareholder Reaction: The Environmental Awareness of Investors1,742 cited
  • 2021Why is Corporate Virtue in the Eye of The Beholder? The Case of ESG Ratings1,659 cited
  • 2006Retail Investor Sentiment and Return Comovements1,490 cited
  • 2015Do ratings of firms converge? Implications for managers, investors and strategy researchers1,302 cited

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  • 2015Board Gender Diversity and Corporate Response to Sustainability Initiatives: Evidence from the Carbon Disclosure Project1,244 cited
  • 2015Active Ownership1,241 cited
  • Cited by

    • 2025Does ESG rating divergence affect the cost of corporate debt?43 cited
    • 2024The Impact of ESG Criteria on Firm Value: A Strategic Analysis of the Airline Industry35 cited
    • 2024ESG and Financial Performance of China Firms: The Mediating Role of Export Share and Moderating Role of Carbon Intensity26 cited
    • 2024ESG uncertainty, investor attention and stock price crash risk in China: evidence from PVAR model analysis26 cited
    • 2024The effect of ESG divergence on the financial performance of Hong Kong-listed firms: An artificial neural network approach23 cited