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ESG ratings: Disagreement across providers and effects on stock returns
16 references·1 citing·51 second hopsampled
ESG ratings: Disagreement across providers and effects on stock returns (2025)ESG ratings: Disagreement across provider…Stock price reactions to ESG news: the role of ESG ratings and disagreement (2022)Stock price reactions to ESG …Non‐financial disclosure regulation and environmental, social, and governance ( ESG ) performance: The case of EU and US firms (2022)Non‐financial disclosure regu…Aggregate Confusion: The Divergence of ESG Ratings (2022)Aggregate Confusion: The Dive…Why is Corporate Virtue in the Eye of The Beholder? The Case of ESG Ratings (2021)Why is Corporate Virtue in th…Sustainable Investing: The Black Box of Environmental, Social, and Governance (ESG) Ratings (2021)Sustainable Investing: The Bl…Inside the ESG ratings: (Dis)agreement and performance (2021)Inside the ESG ratings: (Dis)…A factor approach to the performance of ESG leaders and laggards (2021)A factor approach to the perf…The Determinants of ESG Rating in the Financial Industry: The Same Old Story or a Different Tale? (2020)The Determinants of ESG Ratin…ESG Preferences, Risk and Return (2020)ESG Preferences, Risk and Ret…Does Audit Improve the Quality of ESG Scores? Evidence from Corporate Misconduct (2020)Does Audit Improve the Qualit…Divergent ESG Ratings (2020)Divergent ESG RatingsDeconstructing ESG Ratings Performance: Risk and Return for E, S, and G by Time Horizon, Sector, and Weighting (2020)Deconstructing ESG Ratings Pe…The Influence of Firm Size on the ESG Score: Corporate Sustainability Ratings Under Review (2019)The Influence of Firm Size on…Hedging Climate Change News (2019)Hedging Climate Change NewsComposition and Activity of the Board of Directors: Impact on ESG Performance in the Banking System (2018)Composition and Activity of t…Do ratings of firms converge? Implications for managers, investors and strategy researchers (2015)Do ratings of firms converge?…Greenwashing and Sustainability Disclosure in the Climate Change Context: The Influence of Third‐Party Certification on Chinese Companies (2025)Greenwashing and Sustainabili…WHY COMPANIES GO GREEN: A MODEL OF ECOLOGICAL RESPONSIVENESS. (2000)Corporate Social and Financial Performance: A Meta-Analysis (2003)Misery Loves Companies: Rethinking Social Initiatives by Business (2003)Corporate green bonds (2021)Sustainable investing with ESG rating uncertainty (2021)Environmental, Social, and Governance (ESG) disclosure: A literature review (2022)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)Corporate social responsibility and access to finance (2013)The Impact of Corporate Sustainability on Organizational Processes and Performance (2014)The impact of sustainability (environmental, social, and governance) disclosure and board diversity on firm value: The moderating role of industry sensitivity (2019)Exploring the impact of sustainability (ESG) disclosure on firm value and financial performance (FP) in airline industry: the moderating role of size and age (2021)Does ESG Disclosure Influence Firm Performance? (2022)Institutionalized Organizations: Formal Structure as Myth and Ceremony (1977)The Iron Cage Revisited: Institutional Isomorphism and Collective Rationality in Organizational Fields (1983)lavaan : An R Package for Structural Equation Modeling (2012)ESG: Research Progress and Future Prospects (2021)Climate Change Concerns and the Performance of Green vs. Brown Stocks (2022)ESG disclosure and Firm performance: A bibliometric and meta analysis (2022)The Social Responsibility of Business Is to Increase Its Profits (2007)Corporate goodness and shareholder wealth (2014)ESG and financial performance: aggregated evidence from more than 2000 empirical studies (2015)Does Voluntary ESG Reporting Resolve Disagreement among ESG Rating Agencies? (2022)The green fog: Environmental rating disagreement and corporate greenwashing (2023)Sustainability or Greenwashing: Evidence from the Asset Market for Industrial Pollution (2024)The arbitrage theory of capital asset pricing (1976)Size and Book-to-Market Factors in Earnings and Returns (1995)The price of sin: The effects of social norms on markets (2009)When ESG meets AAA: The effect of ESG rating changes on stock returns (2021)Asymmetric influence of digital finance, and renewable energy technology innovation on green growth in China (2022)ENVIRONMENTAL, SOCIAL, AND GOVERNANCE (ESG) PRACTICE AND FIRM PERFORMANCE: AN INTERNATIONAL EVIDENCE (2022)Epistemic Cultures (1999)The Drivers of Greenwashing (2011)The Effects of Mandatory ESG Disclosure Around the World (2024)The Cross-Section of Expected Stock Returns (1992)On Persistence in Mutual Fund Performance (1997)Corporate Governance and Equity Prices (2003)Environmental, social, and governance ratings and financial performance: Evidence from the European food industry (2022)Determinants of environmental social and governance (ESG) performance: A systematic literature review (2024)Risk, Return, and Equilibrium: Empirical Tests (1973)The Pricing of Options and Corporate Liabilities (1973)Illiquidity and stock returns: cross-section and time-series effects (2002)Attention to Global Warming (2019)Dissecting green returns (2022)Firm‐Level Climate Change Exposure (2023)WHAT'S IN A NAME? REPUTATION BUILDING AND CORPORATE STRATEGY. (1990)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)Corporate Climate Risk: Measurements and Responses (2020)Intraclass correlations: Uses in assessing rater reliability. (1979)Social Capital, Trust, and Firm Performance: The Value of Corporate Social Responsibility during the Financial Crisis (2017)Content Analysis: An Introduction to Its Methodology (2019)Climate Risks and Financial Stability (2020)
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References

  • 2022Aggregate Confusion: The Divergence of ESG Ratings3,411 cited
  • 2021Why is Corporate Virtue in the Eye of The Beholder? The Case of ESG Ratings1,571 cited
  • 2019The Influence of Firm Size on the ESG Score: Corporate Sustainability Ratings Under Review1,548 cited
  • 2019Hedging Climate Change News1,484 cited
  • 2015Do ratings of firms converge? Implications for managers, investors and strategy researchers1,276 cited
  • 2022Stock price reactions to ESG news: the role of ESG ratings and disagreement647 cited
  • 2021Inside the ESG ratings: (Dis)agreement and performance610 cited
  • 2018Composition and Activity of the Board of Directors: Impact on ESG Performance in the Banking System462 cited
  • 2020Divergent ESG Ratings384 cited
  • 2020ESG Preferences, Risk and Return365 cited
  • 2021Sustainable Investing: The Black Box of Environmental, Social, and Governance (ESG) Ratings147 cited
  • 2020Does Audit Improve the Quality of ESG Scores? Evidence from Corporate Misconduct137 cited
  • 2020Deconstructing ESG Ratings Performance: Risk and Return for E, S, and G by Time Horizon, Sector, and Weighting128 cited
  • 2021A factor approach to the performance of ESG leaders and laggards125 cited
  • 2022

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Non‐financial disclosure regulation and environmental, social, and governance ( ESG ) performance: The case of EU and US firms
121 cited
  • 2020The Determinants of ESG Rating in the Financial Industry: The Same Old Story or a Different Tale?118 cited
  • Cited by

    • 2025Greenwashing and Sustainability Disclosure in the Climate Change Context: The Influence of Third‐Party Certification on Chinese Companies33 cited