Showing 1 - 10 of 16,259
We investigate the relationship between corporate and country sustainability on the cost of bank loans. We look into … operating in all major industries. Our principal findings reveal that country sustainability related to both social and … of one unit in country sustainability scores is associated with an average decrease in the costs of debt by 64 basis …
Persistent link: https://www.econbiz.de/10010437173
We investigate how corporate environmental responsibility (CER) actions affect firm value. We adopt an event studies approach using two narrowly-decided 5-to-4 Supreme Court rulings and show that firms gain value when they are expected to increase their CER activities. The market reactions are...
Persistent link: https://www.econbiz.de/10012850491
in firms' CSR-activism and examined their effect on a firm's stock price. We use DJSI events to capture variations in … firms' CSR visibility, holding CSR-activism constant by restricting our analyses to CSR-equivalent firms. First, we find … more attention to CSR-oriented firms and use visible cues such as DJSI- events, we study and find that additions to DJSI …
Persistent link: https://www.econbiz.de/10012253308
promoting sustainable economic development in other developing countries like China, which lack mature CSR culture and … responsibility (CSR) consciousness and concerns of individual investors in the stock market, the newly listed firms are likely to … how public listing influences firms' CSR performance and its potential mechanism. Using a sample of Chinese IPO firms for …
Persistent link: https://www.econbiz.de/10012656385
; and introduces a corporate sustainability measure. Sustainable part of corporate social performance completely explains … that are irrelevant to sustainability have no effect on firm values. Moreover, sustainability-based hedge portfolios could …
Persistent link: https://www.econbiz.de/10012900859
This paper studies the development of a firm’s Environmental, Social, and Governance (ESG) performance following the issuance of “green loans” earmarked for green projects versus “sustainable loans” to firms bench-marked by ESG criteria. Firms issuing green loans appear to be effective...
Persistent link: https://www.econbiz.de/10013202785
Over the past few years, there has been a significant increase in the number of initiatives seeking to mobilize investor voice towards positive social impact. In this paper, I provide a framework outlining the role of investors as stewards of the commons. While companies are increasingly...
Persistent link: https://www.econbiz.de/10011901764
The issuance of sustainability-linked loans (SLLs) has grown exponentially in recent years. Using a scoring methodology … effective incentives for improving corporate sustainability performance. We demonstrate that the majority of loans fails to meet … key requirements that would make them credible instruments for generating effective sustainability incentives. These …
Persistent link: https://www.econbiz.de/10013554919
realization of sustainability. The purpose of this study is to examine whether consumers know the CSR activity of the shop they …Business operation in Corporate Social Responsibility (CSR) approach supports competitiveness and sustainable … development. In Hungary the approaches of social responsibility and sustainability started to develop after the change of regime …
Persistent link: https://www.econbiz.de/10012228002
Persistent link: https://www.econbiz.de/10014312842