The aim of this paper is twofold. Firstly, we investigate the determinants of individual's attitudes towards investing responsibly, based upon Environmental, Social, and Governance (ESG) considerations. Secondly, we look at how important ESG considerations are, over and above socio-economic...

The purpose of this study is to evaluate the linkage between Environmental, Social, and Governance (ESG) ratings and the stock performance of the top 15 Indian companies with low-ESG-risk as well as the top 15 Indian companies with high-ESG-risk. The existing literature on whether ESG leads to...

This paper explores the extent to which the availability of more and better quality ESG information could impact asset prices, ushering the emergence of ‘sustainable financial markets’. The paper first reviews how the production of information contributes to the informativeness of prices on...

We examine the manner by which a third-party assessment of a firm’s relative ESG attractiveness affects investor demand for the equity of the firm in the presence of new information. Utilizing an event study methodology, with credit rating change events as proxies for new positive and negative...