Crifo, Patricia; Diaye, Marc-Arthur; Oueghlissi, Rim - Centre Interuniversitaire de Recherche en Analyse des … - 2014
and government bond spreads of 23 OECD countries over the 2007-2012 period. Our results reveal that ESG ratings … significantly decrease government bond spreads and this finding is robust for a wide range of model setups. We also find that the … government bond spreads. …