Bermejo Climent, Ramón; Figuerola-Ferretti Garrigues, … - In: Risks : open access journal 9 (2021) 10, pp. 1-14
This paper illustrates the impact of Environmental Social and Governance (ESG) disclosure on European corporate equity … performance. In this study, we use an extensive data set of European ESG ratings provided by Bloomberg to demonstrate that ESG … performance. The impact of ESG disclosure on volatility is changing over time, suggesting that the existence of opaque ratings …