environmental performance ratings. Using a set of environmental dimensions in KLD, GES, and ASSET4 ratings, this study demonstrates …. The contribution of this paper is, therefore, a validation of environmental ratings and a sharper focus upon impact … of findings for advocates and sceptics of environmental ratings, as well as for academics and practitioners in the realm …

Index. Investors seem to discover, after the event, that KLD ratings provide original information which is not captured by …

) corporate social responsibility (CSR) ratings in stock evaluation in a sort of "flight to CSR quality". The main CSR domains … defaulted company presented weaknesses according to its ex-ante CSR ratings. We also document that the reaction to the Lehman … Social Index). A more general result of our paper is that investors seem to discover, after the event, that CSR ratings …