Pasquini-Descomps, Hélène; Sahut, Jean-Michel - Institut de Préparation à l'Administration et à la … - 2014
This study investigates how news-based scores in Environmental, Social and Corporate governance (ESG)will influence the … monthly market return in the Swiss, US and UK stock markets. We are using a four-factor based linear model following during … variation of the Global ESG score is a significant but slightly negative factor of a stock’s monthly performance in the UK, but …